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Egypt's net international reserves reached US$53.01 billion by end of April: CBE
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Egypt's net international reserves reached US$53.01 billion by end of April: CBE
The Central Bank of Egypt (CBE) announced that net international reserves reached US$ 53.01 billion at the end of April, up from $52.831 billion at the end of March – a significant improvement compared from the previous month. The Monetary Policy Committee of CBE decided at its meeting at the beginning of April to keep key interest rates unchanged. Accordingly, the overnight deposit and lending rates, as well as the Central Bank’s main operation…
·Cairo, Egypt
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