Egypt’s Foreign Reserves Grow by $705 Million in August
Posted on 09/03/2012
The Central Bank of Egypt reported that foreign reserves grew by US$ 705 million in August 2012. This is resuming a rise after falling the month preceding. Egypt’s net international reserves stood at US$ 15.13 billion at the end of August 2012. During the Egyptian overthrow of President Hosni Mubarak, reserves dropped more than 50%. […]
