The Central Bank of Egypt (CBE) announced Tuesday that total non-governmental deposits in foreign currencies with banks operating in the Egyptian market amounted to about LE1.571 trillion at the end of February 2024, compared to LE1.561 trillion at the end of December.
In its monthly report, the CBE revealed that the volume of the demand deposits in foreign currencies reached the equivalent of about LE412.03 billion, while the volume of time deposits and savings certificates amounted to roughly LE 1.159 trillion.
The CBE indicated that the public business sector acquired the equivalent of about LE30.6736 billion of demand deposits, the private business sector acquired around LE271.896 billion, and the family sector about LE109.542 billion.
The public business sector also acquired the equivalent of about LE 81.495 billion of time deposits and savings certificates in foreign currencies, the private business sector the equivalent of about LE 253.641 billion, and the family sector the equivalent of about LE 824.8 billion.
