Egypt’s foreign cash reserves have reported a slight rise of US$ 34 million to reach US$ 18.916 billion by the end of August, against US$ 18.882 billion last June.
Last July, Egypt’s Foreign Reserves recorded it highest rise as they hit US$ 18.8 billion, compared to US$ 14.9 billion last June.
In August, Egypt has witnessed political turmoil following the bloody dispersing the main camps of the deposed president Mohamed Morsi’s supporters in Rabaa Al-Adaweya and Nahda squares.
The country’s reserves were boosted amid receiving grants and aids worth US$ 12 billion from the gulf states following the ouster of President Mohamed Morsi.
The values of Egypt’s net foreign reserves held by the Central Bank of Egypt during the last two years are as follows:
|
Month |
Value (US$ Bln) |
|
December 2010 |
36.005 |
|
January 2011 |
35.007 |
|
February 2011 |
33.321 |
|
March2011 |
30.106 |
|
April 2011 |
28.024 |
|
May2011 |
27.228 |
|
June2011 |
26.564 |
|
July2011 |
25.706 |
|
August 2011 |
25.008 |
|
September 2011 |
24.009 |
|
October2011 |
22.071 |
|
November 2011 |
20.1 |
|
December 2011 |
18.119 |
|
January 2012 |
16.3 |
|
February 2012 |
15.7 |
|
March 2012 |
15.1 |
|
April 2012 |
15.2 |
|
May2012 |
15.515 |
|
June 2012 |
15.533 |
|
July2012 |
14.442 |
|
August 2012 |
15.127 |
|
September 2012 |
15.042 |
|
October 2012 |
15.483 |
|
November 2012 |
15.035 |
|
December 2012 |
15.014 |
|
January 2013 |
13.613 |
|
February2013 |
13.508 |
|
March 2013 |
13.424 |
|
April 2013 |
14.4264 |
|
May 2013 |
16.039 |
|
June 2013 |
14.921 |
|
July 2013 |
18.88 |
|
August 2013 |
18.916 |
