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Egypt's Foreign Cash Reserves Drop US$448 Mln At End Of November
Mohamed Hamdy Sayed Badr Published in Amwal Al Ghad on 06 - 12 - 2012

Egypt's foreign cash reserves dropped US$ 448 million to reach US$ 15.035billion at the end of last November, compared to US$ 15.483 billion at the end of last October.
Banking experts said such retreat in international reserves was a result of the political turmoil which reduced tourism income, direct investments and exports.
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
November 2012
15.035

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