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Central bank foreign assets hit $15.2B in May
The net foreign assets held by the Central Bank of Egypt reached approximately $15.217 billion by the end of May 2026, reflecting a slight increase compared to the end of April 2026, when it was $15.160 billion. This indicator is a sign of the strength and stability of the banking sector, as it reflects the difference between the bank's foreign assets and liabilities. In May 2024, the net assets shifted from a deficit to a surplus for the first time since March 2022, recording 458.630 billion Egyptian pounds, compared to a deficit of 36.070 billion pounds in April of the same year.
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