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#foreign currency reserves

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Egypt's Foreign Currency Reserves Hit Record High of $57.50 BillionEconomy

Egypt's Foreign Currency Reserves Hit Record High of $57.50 Billion

Egypt's foreign currency reserves have reached an all-time high of US$ 57.50 billion by the end of October, according to Central Bank of Egypt Governor Hassan Abdallah. This growth coincides with declining inflation and the banking sector's net foreign assets reaching their highest level since 2011.

Egypt Independent|November 7, 2026|6
Egypt Reaches Six-Year High in Foreign Reserves Driven by Surge in RemittancesEconomy

Egypt Reaches Six-Year High in Foreign Reserves Driven by Surge in Remittances

Egypt's foreign reserves reached a six-year high of $31.2 billion in August 2026, driven by a significant surge in remittances from citizens living abroad.

Egypt Independent|October 2, 2026|1