Egypt’s Foreign Currency Reserves Surge to Record High of US$ 57.35 Billion

The Central Bank of Egypt has announced that its net foreign currency reserves climbed to approximately US$ 57.35 billion by the end of September 2026, marking an all-time high for the country. This milestone highlights significantly improved foreign currency indicators and a strengthened Egyptian economy that is increasingly capable of withstanding external pressures.

Bolstered by steady foreign currency inflows, reserves are now edging closer to the $58 billion threshold for the first time in history. Data released by the Central Bank further revealed that the banking sector’s net foreign assets advanced to $31.2 billion by the end of August 2026, representing the highest level recorded since 2011, largely driven by continuous inflows of foreign currency.

These positive economic indicators have emerged despite recent global economic challenges and developments. According to the data, the trend underscores the overall stability of the banking sector and the national economy, while effectively demonstrating Egypt’s resilience in navigating complex external conditions.