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Egypt foreign reserves grow for the first time since 2010
Reserves climb to $15.21 billion at the end of April, reversing a months-long trend of decline
Ahram Online Published in Ahram Online on 06 - 05 - 2012

Egypt's net foreign reserves inched up for the first time since December 2010 to climb to $15.21 billion at the end of April, Egypt's central bank announced on its website on Sunday.
The figure shows a slight increase of $92 million above March's level of $15.12 million.
Total reserves have depleted at a lower rate over the last two months. They lost$660 million between February and March as opposed to last year's monthly drops of around $2 billion.

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