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Egypt's net international reserves rise to $40.67bn at August-end

Egypt's net international reserves rise to $40.67bn at August-end
Central Bank of Egypt

Cairo – Mubasher: Egypt's net international reserves increased by $63.1 million to $40.672 billion at the end of August from $40.609 billion at the end of July, according to data by the Central Bank of Egypt (CBE) on Monday. 

The country's net foreign reserves jumped to the highest level ever after reaching $44.5 billion in fiscal year (FY) 2018/2019, compared to $44.3 billion in FY17/18 and $31.3 billion in FY16/17.