Egypt's net foreign assets jump to record $18.5bn in July
[Times Live - South Africa] - 5/09/2025
Egypt's net foreign assets rose by $3.54bn (R62.59bn) in July to a record $18.5bn (R327.07bn), central bank data showed, as Gulf investments, a currency devaluation 18 months ago and strong remittances from workers abroad help boost deposits, analysts say.
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