Medbouli reports forex reserves at 53.1B
The Egyptian Prime Minister, Mustafa Madbouly, announced that foreign exchange reserves increased to more than $53.135 billion in June, up by $125 million compared to the previous month. Additionally, the annual inflation rate declined to 13%. The quantities of locally supplied wheat for bread production reached 4.63 million tons, with the total domestic wheat amounting to 4.8 million tons, as a result of rising Jordan prices and the implementation of strategic agricultural projects.
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