Egypt foreign reserves fall to $42.551 bln in December — central bank

  • 1/8/2019
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The reserves had been climbing since Egypt signed a $12 billion, three-year IMF loan CAIRO: Egypt’s foreign currency reserves fell to $42.551 billion in December from $44.513 billion in November, the central bank said on Monday. The reserves had been climbing since Egypt signed a $12 billion, three-year International Monetary Fund loan in November 2016 as part of efforts to attract foreign investors who fled during the 2011 uprising.

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