CBE: Egypt’s forex reserves reach US$35.57 bn in November

Egypt's foreign currency reserves amounted to US$35.57 billion as of late November compared to US$35.545 billion one month earlier, the Central Bank of Egypt (CBE) announced this week.

On its website on Monday, the CBE noted that Egypt’s foreign currency reserves had recently witnessed a series of monthly increases, adding that the US dollar exchange rate with the Egyptian pound had stabilized following recent slides in the latter's value against the greenback.

Translated from the Arabic Edition.

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