Egypt Net Foreign Reserves Rise To $42.611 Bn –C. Bank

Enterprise Television- Egypt Net Foreign Reserves Rise To $42.611 Bn –C. Bank

In Eygypt, the central bank says the country’s net foreign reserves rose slightly to $42.611 billion.

This occured at the end of March from 42.524 billion Dollars at the end of February.

Cairo’s foreign reserves have been climbing since the country secured a12 billion Dollars three-year International Monetary Fund loan programme in 2016.

This was part of efforts to woo foreign investors and revive its ailing economy.

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