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Central Bank Reserves Rise to $57.35B
The net international reserves of the Central Bank of Egypt increased to $57.35 billion by the end of September 2026, marking the highest level in its history and approaching the $58 billion threshold. This reflects improved foreign exchange inflows and financial sector stability. Additionally, the banking sector's foreign assets rose to $31.2 billion by the end of August 2026, the highest level since 2011, supported by increased external resources despite global economic challenges. This growth underscores the strength of the Egyptian economy and its preparedness to face external pressures, with the upward trend in reserves continuing throughout the year.
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