Egypt’s cash reserves rise to $ 42.611 billion in March

Media In – Cairo April 2, 2018 WAM
The Central Bank of Egypt announced today that the country’s foreign exchange reserves rose to 42.611 billion dollars at the end of March compared to 42.524 billion last February, an increase of 87 million dollars.
Egypt’s reserves were about $ 19 billion before signing a $ 12 billion loan agreement for three years with the International Monetary Fund in 2016 and liberalizing the local currency exchange rate