The Central Bank of Egypt (CBE) announced on Monday that the balance of gold in Egypt’s foreign reserves rose to about US$11.154 billion, equivalent to about LE549 billion, in six months until the end of October.
The CBE said that this balance was at US$9.384 billion, equivalent to about LE448 billion, at the end of April, and the increase is about LE 101 billion.
The Central Bank of Egypt announced a few days ago that net foreign reserves reached US$46.94 billion at the end of October, compared to about $46.74 billion at the end of September 2024, an increase of about $200 million.
Edited translation from Al-Masry Al-Youm
