Egypt's foreign cash reserves dropped US$ 21 million to reach US$ 15.014 billion at the end of last December, compared to US$ 15.035billion at the end of last November. Banking experts attributed such decline in international reserves to the political turmoil which affected negatively the volume of tourism income, direct investments and exports. The values of Egypt's net foreign reserves held by the Central Bank of Egypt during the last two years are as follows: Month Value in US$ Billion Month Value in US$ Billion December 2010 36.005 January 2012 16.3 January 2011 35.007 February 2012 15.7 February 2011 33.321 March 2012 15.1 March 2011 30.106 April 2012 15.2 April 2011 28.024 May 2012 15.515 May 2011 27.228 June 2012 15.533 June 2011 26.564 July 2012 14.442 July 2011 25.706 August 2012 15.127 August 2011 25.008 September 2012 15.042 September 2011 24.009 October 2012 15.483 October 2011 22.071 November 2012 15.035 November 2011 20.1 December 2012 15.014 December 2011 18.119