Egypt Foreign Currency Reserves Up to U.S.$17.104 Billion in January

The Central Bank of Egypt (CBE) said that the country's foreign currency reserves were slightly increased by USD 73 million for the first time in 5 months by 0.42 percent to reach USD 17.104 billion in January compared with USD 17.031 billion in December.

In previous statements, CBE Governor Hesham Ramez said that the country's foreign currency reserves will not decrease by end of January despite the payment of USD 700 million of Paris Club's debts and providing banks in Egypt with nearly USD 500 million on a monthly basis.

Ads by Google

Copyright © 2014 Egypt State Information Service. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.