Cairo – Mubasher:  Egypt's foreign currency reserves declined by around $1.67 billion to $16.33 billion at the end of September, compared with $18.09 billion at the end of August.

Last July, Egypt said it repaid an amount of $670 million to Paris Club.

Accordingly, Egypt's debts to Paris Club were slashed by 18% in the third quarter of FY14/15, as stated by the central Bank of Egypt (CBE).