Egypt's foreign currency reserves rose by US$23 million to record US$16.445 billion dollars at the end of December from $16.422 billion the previous month, the central bank announced early Tuesday. Egypt's foreign reserves stood at about $36 billion before the 2011 revolt but have dwindled since the uprising scared off tourists and foreign investors, which represent key sources of foreign exchange. Bankers had been watching out for a dip in reserves after the central bank pumped additional dollar liquidity into the banking sector in recent weeks to ease a forex crisis. The values of Egypt's foreign reserves held by the Central Bank of Egypt during 2015: Month Value (US$ Bln) January 15.429 February 15.456 March 15.290 April 20.525 May 19.559 June 20.079 July 18.534 August 18.096 September 16.335 October 16.415 November 16.423 December 16. 445
