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Egypt: CBE - Foreign Exchange Reserves Up By U.S. $97 Million in January

Egypt has recently been implementing new policies to revive the economy.
08.02.15 | Source: All Africa

The volume of foreign exchange reserves has increased by USD 97 million to USD 15.429 billion at the end of January 2015, the Central Bank of Egypt (CBE) said in a statement Thursday 05/02/2015.

The forex hit USD 15.232 billion in December, according to the statement.

The increase came although Egypt paid USD 681 million in a loan installment in January, the report added.

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