Egypt's gold reserves, a key component of its international reserves, increased to $11.851 billion in February, up from $11.416 billion in January, according to the latest data from the Central Bank of Egypt (CBE). Conversely, the value of foreign currencies within the reserves declined to $35.524 billion in February, down from $35.821 billion in January, marking a monthly decrease of approximately 0.83 per cent. Despite this dip, Egypt's total net foreign exchange reserves edged higher, reaching $47.394 billion by the end of February, compared to $47.265 billion at the end of January. Attribution: Amwal Al Ghad English Download
