Central Bank of Egypt announces increase in foreign reserves to $46.94 billion ...Egypt

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Central Bank of Egypt announces increase in foreign reserves to $46.94 billion
The Central Bank announced an increase in net foreign reserves to US$46.94 billion at the end of October, compared to $46.74 billion at the end of September, an increase of $200 million. The value of foreign currencies included in the reserve recorded $35.497 billion at the end of October, compared to $35.996 billion at the end of September, while the balance of special drawing rights increased to about $293 million in October, compared to $20 million at the end of September. The Central Bank explained that the value of gold reserves included in the foreign exchange reserves increased to $11.154 billion at the end of October, compared to $10.723 billion at the end of September.   Benefits of

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