{"id":324785,"date":"2022-03-03T13:58:02","date_gmt":"2022-03-03T13:58:02","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=324785"},"modified":"2022-03-04T14:00:06","modified_gmt":"2022-03-04T14:00:06","slug":"egypts-net-foreign-reserves-increase-to-40-993-billion-in-february","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/03\/03\/egypts-net-foreign-reserves-increase-to-40-993-billion-in-february\/","title":{"rendered":"Egypt\u2019s net foreign reserves increase to $40.993 billion in February"},"content":{"rendered":"<p>Egypt\u2019s net foreign reserves increased to around $40.993 billion at the end of February from $40.980 billion at the end of January, a central bank <a href=\"https:\/\/www.cbe.org.eg\/en\/Pages\/HighlightsPages\/NIR-February-2022.aspx\">data<\/a> showed on Thursday.<\/p>\n<p>Foreign reserves have been surging since June 2020, after falling to approximately $36 billion from more than $45.5 billion driven by the repercussions of the pandemic.<\/p>\n<p>Foreign currencies in Egypt\u2019s foreign reserves involve U.S. dollar, euro, Australian dollar, Japanese yen, and Chinese yuan. The provision of foreign exchange, including gold and various international currencies, aims to pay for imports, repay foreign debts, and cope with any economic crises in exceptional circumstances.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s net foreign reserves increased to around $40.993 billion at the end of February from $40.980 billion at the end of January, a central bank data showed on Thursday.<\/p>\n","protected":false},"author":4,"featured_media":321424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[222],"class_list":["post-324785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-central-bank-of-egypt-cbe"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Egypt\u2019s net foreign reserves increase to $40.993 billion in February - egy-africa<\/title>\n<meta name=\"description\" content=\"Egypt\u2019s net foreign reserves increased to around $40.993 billion at the end of February from $40.980 billion at the end of January, a central bank data showed on Thursday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2022\/03\/03\/egypts-net-foreign-reserves-increase-to-40-993-billion-in-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s net foreign reserves increase to $40.993 billion in February - egy-africa\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s net foreign reserves increased to around $40.993 billion at the end of February from $40.980 billion at the end of January, a central bank data showed on Thursday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/egy-africa.com\/en\/2022\/03\/03\/egypts-net-foreign-reserves-increase-to-40-993-billion-in-february\/\" \/>\n<meta property=\"og:site_name\" content=\"egy-africa\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-03T13:58:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T14:00:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/03\/1024-2.jpg?fit=750%2C430&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aya Abdulghany\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aya Abdulghany\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/egy-africa.com\/en\/2022\/03\/03\/egypts-net-foreign-reserves-increase-to-40-993-billion-in-february\/\",\"url\":\"https:\/\/egy-africa.com\/en\/2022\/03\/03\/egypts-net-foreign-reserves-increase-to-40-993-billion-in-february\/\",\"name\":\"Egypt\u2019s net foreign reserves increase to $40.993 billion in February - 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