announce Egyptian Central Bank The net cash reserves of foreign currencies increased by regarding $500 million, to reach regarding $34 billion by the end of December 2022, compared to regarding $33.5 billion during the previous November.
The foreign currencies in Egypt’s foreign reserves consist of a basket of the main international currencies, which are the US dollar, the single European currency “the euro”, the pound sterling, the Japanese yen and the Chinese yuan. According to a plan developed by the Central Bank of Egypt officials.
