Foreign Exchange reserves | Egypt Oil & Gas

Sector Reforms Contribute to Rising Reserves, Economic Growth: El-Molla

Reforms within the Petroleum Sector helped raise the Egypt's economic growth rate from 2% to 5.5% and increase foreign exchange inflows to about $163.6 billion since 2015.

Algeria’s Forex Expected to Drop to $116b by end 2016

Low crude prices have hit Algeria’s foreign exchange reserves forcing the government to make further cuts in spending.

Egypt’s Central Bank Records $27m Increase in Foreign Reserves

The Central Bank of Egypt (CBE) revealed that the foreign exchange reserves increased during March by approximately $27m, registering $16.561b, compared to $16.534b in February.

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