• 18:27
  • Friday ,08 August 2014
العربية

Egypt foreign reserves top $16bn end-July

By-tradearabia

Home News

00:08

Friday ,08 August 2014

Egypt foreign reserves top $16bn end-July

Egypt's foreign reserves rose to $16.736 billion at the end of July from $16.687 billion in June, the central bank said on Thursday.

Reserves fell sharply after a 2011 uprising that ousted President Hosni Mubarak but rose last year when Gulf Arab states gave billions of dollars of aid after the army deposed elected Islamist President Mohamed Mursi.