Egypt’s foreign reserves rise slightly to $16.445 bln in December
Central Bank of Egypt - YOUM7 (Archive)

CAIRO: Egypt’s foreign currency reserves rose to $16.445 billion at the end of December from $16.422 billion the previous month, the central bank said on Monday.

Egypt’s foreign reserves stood at about $36 billion before the 2011 revolt which overthrew Hosni Mubarak but have dwindled since the uprising scared off tourists and foreign investors, key sources of foreign exchange.


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