CBE: Foreign reserve up by $ 362 million in a month
Egypt, Economics, 9/24/2004

The state's foreign currency reserve has increased by $ 362 million in June as compared to May, said the Central Bank of Egypt (CBE).

The CBE's monthly report said the total foreign reserve in June has reached $ 14.781 billion against $ 14.419 billion in May.

This increase is the highest in a year but is $ 28 million less as compared to June 2003 during which reserves amounted to $ 14.809 billion.

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