Foreign exchange reserves in Egypt decreased for the second straight month to $35.5 billion in May of 2022, following an external debt repayment of about $2 billion. This included the payment of Egyptian Eurobond coupons issued by the Ministry of Finance,
principal and interest payments to the International Monetary Fund, among other external debt obligations. source: Central Bank of Egypt
Foreign Exchange Reserves in Egypt averaged 23571.84 USD Million from 1992 until 2022, reaching an all time high of 45510 USD Million in February of 2020 and a record low of 10088 USD Million in June of 1992. This page provides the latest reported value for - Egypt Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Egypt Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Foreign Exchange Reserves in Egypt is expected to be 34800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Foreign Exchange Reserves is projected to trend around 40000.00 USD Million in 2023 and 42000.00 USD Million in 2024, according to our econometric models.