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BREAKING: Egypt's Foreign Reserves Fall to $17.284 bln at end-May
Ahmed Ali Published in Amwal Al Ghad on 05 - 06 - 2014

Egypt's foreign reserves fell by US$206 million to US$17.284 billion at the end of May from US$17.489 billion in April, the central bank announced on Thursday.
Reserves fell sharply after a 2011 uprising that ousted President Hosni Mubarak but were lifted last year when Gulf Arab states gave billions of dollars in aid to Egypt after the army deposed elected Islamist President Mohamed Morsi following protests against his rule.
The values of Egypt's foreign reserves held by the Central Bank of Egypt during 2014:
Month
Value (US$ Bln)
January 2014
17.104
February 2014
17,307
March 2014
17.414
April 2014
17.489
May 2014
17.284

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