Eric Garcia set for Manchester City exit, says Guardiola    Tottenham's Bale must earn game time, says Mourinho    Egypt's Sisi to attend Police Day celebrations at Police Academy Monday    Witnesses: Eritrean soldiers loot, kill in Ethiopia's Tigray    Manchester United forward Rashford to have knee scan    Indonesia seizes Iran, Panama-flagged tankers over alleged illegal oil transfer    Egypt detects 674 new coronavirus cases, 57 fatalities on Sunday    Egypt, ILO launch economic empowerment program to secure sustainable jobs for youth, women    'We can't wait:' Biden to push US Congress for $1.9 trillion in COVID-19 relief    2 in 5 Americans live where COVID-19 strains hospital ICUs    Ora Developers Egypt signs EGP 2.54 billion loan agreement    Defense chief orders review of military sex assault programs    Nigeria's number one lender, Access Bank, is looking at Egypt    British supermodel Naomi Campbell visits Egypt    Personal loans dominate 77.5 % of NBE's retail banking portfolio    Egyptian pop music producer Mido Mounib dies at 41    Egypt will inoculate medical staff with COVID-19 vaccination this week    Egypt's Sisi ratifies extension of state of emergency for three months    New daily Coronavirus cases continued to fall over the weekend    South African mourns death of jazz 'giant' Jonas Gwangwa    Eight cabinet ministers to deliver statements before Egypt's parliament this week    Egypt sees 748 new coronavirus cases, 52 deaths on Friday    IMF urges deficit control in Tunisia even as protesters demand jobs    Egypt's Sisi to inaugurate fish farming project in Port Said Saturday    Donald Trump says goodbye to the White House    BREAKING: Egypt resumes diplomatic relations with Qatar ending 4-year boycott    Egypt sends medical supplies to help Jordan battle coronavirus    Egypt eyes gradual return for tourism after revenues fall to $4 bln in 2020    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    Coronavirus strikes Egypt's youth team as 17 players, coach test positive    Nassef Sawiris plans to up his stake in owner of New York Knicks, Rangers    Cairo International Book Fair suspended for five months over coronavirus concerns    Egypt unveils largest archaeological discovery in 2020 with over 100 intact sarcophagi    Trump says won't blame Egypt for being ‘upset' over GERD dispute with Ethiopia    Egypt, Ethiopia, Sudan to resume Nile dam talks today    Global Finance: Egypt's Tarek Amer among the world's top 20 central bank governors    The Facebook Preacher's Search for Fame, and Egypt's Economy    Egypt calls on UNSC to address oil spill risks off Yemen coast    Egypt economically strong in face of COVID-19, reforms ongoing: International Cooperation Minister    Arafa Holding reports $144,000 COVID-19-related losses in April    Egypt's efforts in Libya to activate free will of Libyan people: Al-Sisi    Hyksos campaigns were internal takeover, not foreign invaders: study    COVID-19 affects Egypt sporting clubs    COVID-19 will soon turn to seasonal like swine flu: Presidential Health Advisor    ‘Egypt's Support' coalition convenes to discuss its Senate election list    Robbery attempt leads to discovery of Ptolemaic monuments in Qena    Flouting international guidance, Ethiopia unilaterally starts filling its Nile dam    Zaha speaks out after online racial abuse    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Central Bank of Egypt: Gold reserve reaches US $22 b
Published in Youm7 on 09 - 11 - 2011

CAIRO: The Egyptian Gold reserve in the foreign exchange reached U.S. $ 2.743 billion from the total of the international foreign exchange, which costs U.S. $22.1 billion at the end of October of 2011, according to a report issued by the Central Bank of Egypt.
The foreign exchange of Egypt lost U.S. $2 billion in October, declining to U.S. $22.1 billion from U.S. $24 billion in September, the report said. The foreign exchange declined by U.S. $14 billion since the beginning of the current year.
The weight of gold for covering cash liquidity in the Central Bank of Egypt reached 75.6 tons with a cost of U.S. $4.4 billions during the past few weeks after finishing the 2011 inventory, according to the report.
Governor of the Central Bank of Egypt, Farouk el-Oqda, ordered to form an inventory committee consisting of 15 members for the Egyptian gold reserve every five years.


Clic here to read the story from its source.