Economy and macroUpdated November 6

Foreign-currency balances within Egypt’s reserves reach $40.06 billion

Asharq Business with Bloomberg reported that foreign-currency balances included in the Central Bank of Egypt’s reserves reached $40.06 billion at the end of October 2026. The outlet described this as their highest level since the COVID-19 pandemic. This figure is a component of the reserves, distinct from the $57.4998 billion total in net international reserves.

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Coverage started November 6