Central Bank of Egypt says foreign currency reserves up to $40.337 bn in March ...Egypt

The Central Bank of Egypt (CBE) announced on Sunday that international foreign currency reserves increased at the end of March to reach US$40.337 billion. This brings net international reserves up by about US$ 136 million from their figures at the end of February, when foreign currency reserve reached US$ 40.201 billion. Egypt’s foreign currency reserves increased significantly after it adopted an economic reform program with the support of the International Monetary Fund (IMF) in 2016. The main function of the CBE’s foreign currency reserve – made up of gold and various international currencies – is to provide commodities, repay installments and external debt, and cope with economic crises

Hence then, the article about central bank of egypt says foreign currency reserves up to 40 337 bn in march was published today ( Monday 05/04/2021 - 12:31 PM ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Central Bank of Egypt says foreign currency reserves up to $40.337 bn in March )

Also on site :

• LSG vs RCB Dream11 Prediction Today Match, Dream11 Team Today, Fantasy Cricket Tips, Playing XI, Pitch Report, Injury Update- IPL 2026, Match 50
• McDonald’s is about to report earnings. Here’s what to expect
• Germany’s new militarization: Revival of the spirit or blatant revanchism? (by Dmitry Medvedev)