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Egypt's Foreign Cash Reserves Up To US$ 15.4 Bln
Mohamed Hamdy Published in Amwal Al Ghad on 05 - 11 - 2012

Egypt's foreign cash reserves rose by US$ 441 million, registering US$ 15.483 billion at the end of last October, compared to US$ 15.042 billion at the end of last September.
The foreign cash reserves climbed to the highest level since last year's revolution. Egypt lost more than US$ 20 billion in the last 22 months, registering US$ 15.4 billion at the end of last October, compared to US$ 35 billion.
A number of bankers attributed such increase to the US$ 500 million loan which Turkey offered to Egypt at the end of last month.
Month
Value in US$ Billion
December 2010
36.005
January 2011
35.007
February 2011
33.321
March 2011
30.106
April 2011
28.024
May 2011
27.228
June 2011
26.564
July 2011
25.706
August 2011
25.008
September 2011
24.009
October 2011
22.071
November 2011
20.1
December 2011
18.119
January 2012
16.3
February 2012
15.7
March 2012
15.1
April 2012
15.2
May 2012
15.515
June 2012
15.533
July 2012
14.442
August 2012
15.127
September 2012
15.042
October 2012
15.483

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