Egypt's foreign currency reserves up in June 2004

Published September 26th, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

Egypt's foreign currency reserves rose by $362 million in June compared to May, said the Central Bank of Egypt (CBE).  

 

The CBE's monthly report indicated the total foreign reserves in June amounted to $14.781 billion versus $14.419 billion in May.  

 

This rise is the highest in a year, but it is still $ 28 million less compared to June 2003 when reserves amounted to $14.809 billion. (menareport.com) 

© 2004 Mena Report (www.menareport.com)