Egypt’s net foreign exchange reserves surged to an unprecedented peak, reaching 55.072 billion dollars by the end of June. Egyptian Prime Minister Mostafa Madbouly announced the record-breaking figure during the government’s weekly press conference on Wednesday, citing the latest data released by the Central Bank of Egypt, Sada al-Balad reported. The prime minister highlighted that ... The post Egypt foreign reserves hit historic high of 55 billion dollars appeared first on Egypt Independent .
