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Egypt's Foreign Currency Reserves Hit Record High of $57.50 BillionEconomy

Egypt's Foreign Currency Reserves Hit Record High of $57.50 Billion

Egypt's foreign currency reserves have reached an all-time high of US$ 57.50 billion by the end of October, according to Central Bank of Egypt Governor Hassan Abdallah. This growth coincides with declining inflation and the banking sector's net foreign assets reaching their highest level since 2011.

Egypt Independent|November 7, 2026