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Egypt’s net foreign reserves rise to $52.8b in March

Egypt’s net foreign reserves rise to $52.8b in March

April 5, 2026
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Home Egypt

Egypt’s net foreign reserves rise to $52.8b in March

by Gazette Staff
April 5, 2026
in Egypt, Local
Egypt’s net foreign reserves rise to $52.8b in March 12 - Egyptian Gazette
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The Central Bank of Egypt announced on Sunday that Egypt’s net foreign reserves rose to $52.8 billion at the end of March 2026, up from $52.7 billion in February, extending a steady upward trend driven by foreign inflows and external financing.

The increase follows a sustained recovery since 2024, supported by a reform programme backed by the International Monetary Fund and contributions from regional and international partners, helping ease balance of payments pressures and bolster investor confidence.

The improvement coincides with the adoption of a more flexible exchange rate, narrowing disparities between official and parallel markets and enhancing foreign currency availability.

Policy measures introduced in March 2024, including a 6% interest rate hike and currency adjustment, further supported inflows and key revenue sectors.

Higher reserves remain critical to meeting external obligations and mitigating global economic risks.

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