Sisi orders to continue providing financial resources to upgrade ICT in Egypt    Biden easing foreign travel restrictions, requiring vaccines    COVID has killed about as many Americans as the 1918-19 flu    Egypt's stocks close lower on Monday as benchmark EGX 30 slid 1.64%    Lens to play in empty stadium following fan violence    Biden pitching partnership after tough stretch with allies    Volvo EMEA, VOLVO Egypt teams at Ezz Elarab Automotive Group celebrate leap in sales this year    Egypt's CIB bank mandated to Net-Zero Banking Alliance Steering Group    FIFA sets talks with soccer leaders on biennial World Cup    Tennis: Belgium recovers from 2-0 down to beat Bolivia in Davis Cup    NKorea slams US over submarine deal, warns countermeasures    Sisi to meet Yemeni defence minister in Cairo: Presidency spox    Communications ministry allocates EGP 1.1bln for digital capacity building    UAE-based Alameda to invest around $318 mln in Egypt in five years    Egypt marks World Beach Cleanup day with longest-ever cleaning campaign of Alexandria coast    Egypt to be removed from England's red travel list on September 22    Global Finance: Egypt's NBE, Banque Misr among 50 safest banks worldwide    Egyptian archaeologists unearth collection of religious ritual tools at Temple of Pharaohs north of Cairo    Tunisia 'astonished' by Ethiopia's reaction on UNSC statement on GERD dispute    Egypt received plan from DR Congo to resume AU-sponsored GERD talks: FM Shoukry    Cairo welcomes UNSC presidential statement on GERD    The Egyptian Mawlawiya troupe's concert at Al-Gumhouriya Theatre is a must go    Borhane Alaouié (1941-2021): The auteur's shadow    Jordan hosts energy meeting today to discuss transporting Egyptian gas to Lebanon    Russia permits airlines to resume flights from 49 cities to Egypt    Egypt's Abu Soma Development partners with KOMPASS Education    Sisi: coronavirus vaccines in Africa 'far less' than actual needs    Orange Egypt Introduces Amazon Prime Video    Tokyo Olympics: Cautious opening ceremony, shy start for Egyptians in competitions    Mallawi Museum in Upper Egypt holds recycling workshop for children during Eid Al-Adha    Egypt keen on stable tax policies to attract more investors: Finance Minister    Sudan declares state of emergency as water goes beyond Merowe Dam capacity    Niagara Falls illuminated in Egyptian flag to mark 23 July Revolution anniversary    Capital flows into EM keep recovering after March 2020 slump: Central Bank of Egypt    1 child orphaned every 12 seconds due to COVID-19-associated death: World Bank    Egypt, Japanese Olympic Committee discuss boosting sports cooperation    Ethiopia ready to resume dam talks with no legally binding agreements: Ethiopian official    US emphasises AU's role in mediating Ethiopian damdispute    Sunken city of Thônis-Heracleion in Egypt's Abu Qir bay yields new archaeological treasures    New films, concerts, and destinations for Eid Al-Adha holidays    Egypt, Oman discuss enhancing bilateral economic, investment relations    Al Ahly v Kaizer Chiefs: Cairo giants eye 10th CAF Champions League title    Tunisia hopes to have a UN role in resolving Egypt-Ethiopia dam dispute    Egypt denounces Ethiopia's move to start second filling of giant dam    APO Group enters new exclusive agreement with Getty Images on African press releases and images    On International Museum Day, Egypt opens two new museums at Cairo Airport    Egypt's Ahly is establishing a new stadium, expected to be 'sports complex'    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    







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Egypt's gold reserves rise to $4.268 billion in July – c.bank
Published in Amwal Al Ghad on 05 - 08 - 2021

Egypt's gold reserves, a major component of foreign cash reserves, rose to around $4.268 billion in July from $4.111 billion in June, the central bank data announced on Wednesday.
The country's net foreign reserves edged up to $40.609 billion in July from $40.584 billion in June, a central bank data added.
Foreign currencies in Egypt's foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen, and Chinese yuan. The provision of foreign exchange, including gold and various international currencies, is designed to pay for imports, repay foreign debts, and cope with any economic crises in exceptional circumstances.


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