Despite Corona … an increase in Egypt’s foreign exchange reserves

Foreign reserves In a decline since March, retreating from a high level at more than $ 45 billion, in light of the economic repercussions of the Corona virus outbreak.

And last August, the bank said Egyptian Central Foreign exchange reserves rose to $ 38.315 billion in July, from $ 38.202 billion in June.

It is worth noting that tourism International has returned to Egyptian tourist cities, after a closure that lasted for more than 3 continuous months due to the repercussions of the Corona epidemic.

Despite the unfavorable climate for the global economy, experts believe that Egypt It surpassed the crisis with minimal losses and achieved 3.5 percent growth during the 2019-2020 fiscal year.