Egypt’s gold steadiness in overseas reserves is $11 billion

Michael Brown

International Courant

The Central Financial institution of Egypt (CBE) introduced on Monday that the gold steadiness in Egypt’s overseas reserves rose to about US$11.154 billion within the six months to the top of October, equal to about LE549 billion.

The CBE stated this steadiness stood at $9.384 billion on the finish of April, equal to roughly LE448 billion, and the rise quantities to roughly LE101 billion.

The Central Financial institution of Egypt introduced a couple of days in the past that internet overseas reserves stood at $46.94 billion on the finish of October, in comparison with about $46.74 billion on the finish of September 2024, a rise of about $200 million.

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Edited translation of Al-Masry Al-Youm

Egypt’s gold steadiness in overseas reserves is $11 billion

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