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Egypt’s foreign reserves exceed $37bn in December

Egypt’s foreign reserves exceed $37bn in December
Foreign reserves increased to $37.019 billion at the end of December

Cairo – Mubasher: Egypt’s foreign reserves edged up 0.7% month-on-month in December 2017, according to a statement by the Central Bank of Egypt (CBE) on Wednesday.

International reserves of the  Arab world's most populous country increased to $37.019 billion at the end of December from $36.723 billion in November 2017, the CBE highlighted.

Given that the North African nation’s overseas reserves rose to $36.723 billion in November 2017, against $36.703 billion in October 2017.