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2026-11-05T00:00:00.000Z

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Forex Reserves Hit Record

Forex Reserves Hit Record

The Central Bank of Egypt’s foreign exchange reserves rose by about $152 million in October, reaching a record $57.5 billion, compared with $57.35 billion in September. This marked the 50th consecutive month of growth. Reserves also increased by about $22 billion during the first 32 months since the Ras El Hekma deal with the UAE was signed in February 2024.

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