, Central Bank of Egypt announced that its net foreign exchange reserves fell by almost 1.761 Billion dollars during the month of September, the largest monthly loss since January 2012 , Which amounted to 1.765 Billion dollar.
He said the central bank through its website said on Wednesday that net international reserves reached 16.335 Billion dollars by the end of September (Initial), Compared to about 18.096 Billion at the end of last August.
Thus, record foreign exchange reserves its lowest level since last March in which he arrived at the 15.291 Billion dollar.
The foreign exchange reserves fell to Egypt during last August about 437 Million compared to the end of July, reaching 18.533 Billion dollars by the end of July.
The Hisham Ramez Governor of the Central Bank revealed during a telephone intervention program “Here, DC” On satellite “CBC” In 20 Last September, that Egypt paid during the month of last month since the bond was issued 5 Years and it's paid off for a value of up to about 1.250 Billion dollars and Egypt is ready to pay, but it was not announced after the completion of repayment of this bond.
News Source: Masrawy