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Egypt central bank receives IMF 1st tranche, foreign reserves surge to $23.3 bln
Amwal Al Ghad Published in Amwal Al Ghad on 11 - 11 - 2016

The Central Bank of Egypt has received $2.75 billion from the International Monetary Fund on Friday, raising the country's foreign reserves to $23.3 billion, state television said.
The amount is the first tranche of a three-year, $12 billion loan to Egypt from the IMF, whose board has approved the loan agreement earlier on Friday.
Source: Reuters

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