Arab Today, arab today foreign reserves down in november
Last Updated : GMT 10:36:23
Arab Today, arab today
Arab Today, arab today

Foreign reserves down in November

Arab Today, arab today

Arab Today, arab today Foreign reserves down in November

Central Bank of Egypt (CBE)
Cairo - MENA

The Central Bank of Egypt (CBE) said Sunday the country's foreign currency reserves were down $1.027 billion in November.
Forex reserves hit $15.882 billion at the end of November against $16.909 billion in October, the CBE said in a press statement.
Egypt's net foreign reserves have plunged more than half the volume since the 2011 uprising, which scared off tourists and investors – both considered main sources of foreign currency for Egypt.
In January 2011, Egypt's net reserves stood at some $36 billion.

 

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