The Central Bank of Egypt’s net foreign assets (NFA) achieved a surplus for the fourth consecutive month, reaching $10.3bn, equivalent to EGP 499.269bn, in August 2024. It compared to $10.5bn, or EGP 508.58bn, recorded in July. Net foreign assets at the central bank are a key measure of banking stability, reflecting the difference between the […]

The post CBE’s net foreign assets record $10.3bn surplus in August appeared first on Dailynewsegypt.