Egypt’s total foreign assets recorded at LE 1,475B, CBE

Egypt’s total foreign assets rose to LE 1,475 billion in July 2023 from LE 1,438 billion in June, while the country’s total assets grew by 50 percent year-on-year to hit LE 4.480 trillion in July from LE 2.986 trillion in June 2022.

According to the latest data by the Central Bank of Egypt (CBE), net foreign liabilities rose to LE 2,287 billion in July, compared to LE 2,275 billion in June.

Net foreign liabilities rose to LE 2,287 billion in July, compared to LE 2,275 billion in June, the CBE reported in its release.