Egypt’s stability of gold in overseas reserves at US$ 11 billion

Egypt’s stability of gold in overseas reserves at US$ 11 billion
  • Nov, Tue, 2024

Egypt’s stability of gold in overseas reserves at US$ 11 billion

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

The CBE mentioned that this stability was at US$9.384 billion, equal to about LE448 billion, on the finish of April, and the rise is about LE 101 billion.

The Central Bank of Egypt introduced a number of days in the past that internet overseas reserves reached US$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.

Edited translation from Al-Masry Al-Youm

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