The Central Bank of Egypt (CBE) has announced that the Egyptian banking system’s net foreign assets achieved a surplus of $9.2bn in October 2024, equivalent to EGP 450.861bn, compared to $10.3bn, equivalent to EGP 498.6bn in September 2024. Net foreign assets achieved a surplus for the first time, amounting to EGP 676.4bn in May, compared […]

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