Egypt net foreign reserves rise to $42.611 bn in March

Mon, Apr 2, 2018 | By publisher


Africa

EGYPT’s net foreign reserves rose slightly to 42.611 billion dollars at the end of March from 42.524 billion dollars at the end of February, the Central Bank said on Monday.

Cairo’s foreign reserves have been climbing since the country secured a 12 billion dollars three-year International Monetary Fund loan programme in 2016 as part of efforts to woo foreign investors and revive its ailing economy. (Reuters/NAN)

– Apr. 2, 2018 @ 15:45 GMT

AE

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