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Central Bank Of Egypt: Foreign Reserves Rise To USD 44.501 Bln in Oct.
Source: 11/5/2018

Egypt’s foreign currency reserves spiked by USD 42 million to reach USD 44.501 billion in October against USD 44.459 billion in September, the Central Bank of Egypt (CBE) announced .

Reserves have been climbing since Egypt agreed a $12 billion three-year loan programme with the International Monetary Fund in late 2016, part of efforts to attract foreign investors and revive the economy.

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