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Egypt's foreign reserves rose to $37.019 bln at end-December
Ahmed Ali Published in Amwal Al Ghad on 03 - 01 - 2018

Egypt's foreign reserves surged to $37.109 billion at the end of December from $36.723 billion a month earlier, the central bank announced on Wednesday.
Egypt's foreign reserves have been climbing since the country reached a $12 billion, three-year loan programme with the International Monetary Fund loan in 2016 in a bid to lure back foreign investors and revive its ailing economy.
The country's foreign reserves at the end of December 2016 were $24.265 billion.
The values of Egypt's foreign reserves held by the Central Bank of Egypt during 2017:
Month
Value (US$ Bln)
December 2017
37.019
November 2017
36.723
October 2017
36.703
September 2017
36.535
August 2017
36.143
July 2017
36.036
June 2017
31.305
May 2017
31.126
April 2017
28.641
March 2017
28.526
February 2017
26.542
January 2017
26.363
December 2016
24.265
November 2016
23.058

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