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CBE: Egyptian expats’ remittances hit record of 32.6b in one year

CBE: Egyptian expats’ remittances hit record of 32.6b in one year

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CBE: Egyptian expats’ remittances hit record of 32.6b in one year

by Gazette Staff
May 12, 2025
in Business, Egypt
CBE: Egyptian expats' remittances hit record of 32.6b in one year 12 - Egyptian Gazette
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The Central Bank of Egypt (CBE) announced that remittances from Egyptians abroad increased by 72.4% ($13.7 billion) to hit a record of $32.6 billion during the period from March 2024 to February 2025.

In a statement released on Monday, the bank said remittance inflows in February 2025 rose more than double for the 12th consecutive month to reach $3 billion, compared to $1.3 billion in February 2024. 

Tags: CBEHitRecord
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