Egypt's foreign reserves inch up to USD 36.723 bln
Central Bank of Egypt
Cairo - Egypt Today
Egypt's foreign currency reserves rose slightly to reach 36.723 billion dollars in November, announced the Central Bank of Egypt (CBE) on Monday.
The stability of the cash reserve came although the CBE had paid 2 billion dollars to the African Export-Import Bank, deputy governor of CBE told MENA.
He also added that 1.5 billion dollars will be paid to the African bank by the end of December.
Earlier, the African Export-Import Bank gave Egypt a loan in which Cairo has to pay 3.2 billion dollars by the end of 2017
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