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 June 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.

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Egypt Foreign Exchange Reserves

Calendar GMT Actual Previous Consensus TEForecast
2022-05-08 09:00 PM Apr $37.1B $37.082B $35B
2022-06-06 01:10 PM May $35.5B $37.1B $37B
2022-07-06 01:15 PM Jun $35.5B $35B

Related Last Previous Unit Reference
Interest Rate 11.25 11.25 percent Jun 2022
Interbank Rate 11.31 11.31 percent Jun 2022
Money Supply M0 1196341.00 1154083.00 EGP Million May 2022
Money Supply M1 1478481.00 1469458.00 EGP Million Apr 2022
Money Supply M2 6416230.00 6280452.00 EGP Million Apr 2022
Foreign Exchange Reserves 35495.00 37124.00 USD Million May 2022
Banks Balance Sheet 7948115.00 6408261.00 EGP Million Jun 2021
Loans to Private Sector 1436567.00 1401447.00 EGP Million Apr 2022
Lending Rate 12.25 12.25 percent Jun 2022
Central Bank Balance Sheet 8828051.00 8627173.00 EGP Million Jan 2022

Egypt Foreign Exchange Reserves
In Egypt, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.
Actual Previous Highest Lowest Dates Unit Frequency
35495.00 37124.00 45510.00 10088.00 1992 - 2022 USD Million Monthly
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