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Egypt’s net int’l reserves hit record high of $53.1b in May

June 8, 2026
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Home Egypt

Egypt’s net int’l reserves hit record high of $53.1b in May

by Gazette Staff
June 8, 2026
in Egypt
CBE
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Egypt’s net international reserves hit an unprecedented record by the end of May 2026, rising to $53.1 billion, from $52.6 billion at the end of January 2026.

This marks an increase of $500 million despite the crises and regional tensions witnessed during the period, according to the Central Bank of Egypt’s data.

This performance reflects the strength and resilience of the Egyptian economy and demonstrates its ability to maintain stability in the face of external challenges, a statement posted on the Cabinet’s Facebook page read on Monday.

The rise was supported by improved foreign currency inflows, which played a key role in enhancing Egypt’s capacity to meet its external obligations while reinforcing monetary and financial stability, the statement added.

Tags: CBEEgyptnet international reserves
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