Egypt forex reserves drop slows to $636mn in February

CAIRO: Egypt's net foreign reserves fell by $636 million in February, the central bank said on its website on Sunday, ma
04 Mar, 2012

Reserves declined to $15.72 billion at the end of February from $16.35 billion at the end of January.

Since October, reserves had been falling by close to $2 billion a month.

Following is a table of Egypt's net foreign reserves in billions of US dollars, according to the central bank's.

Copyright Reuters, 2012

Read Comments