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Egypt’s foreign currency reserves inched up to $16.415 billion in October from $16.335 billion the previous month, announced the central bank on Wednesday.
Egypt is struggling with depleting foreign currency reserves as its main sources of revenue – tourism, FDI and Suez Canal – were hit following the uprising against long-time autocrat Hosni Mubarak in 2011.
Reserves reached $36 billion before of the ousting of Mubarak.
source: Ahram online