Saturday, January 19, 2019

- Net international reserves rise to $ 42.6 billion





The Information Center of the Council of Ministers published the "Infographic" on the harvest of the banking sector during the period from 2014 to 2018, the rise of the net international reserves to 42.6 billion dollars by the end of December 2018, compared to 37.0 billion dollars by the end of December 2017, $ 24.3 billion at the end of December 2016, $ 16.4 billion at the end of December 2015 and $ 15.3 billion at the end of December 2014.







The Information Center of the Council of Ministers pointed out that for the number of months of commodity imports covered by the net international reserves, it increased to 7.7 months by the end of December 2018, estimated value on the basis of commodity imports during the period July / September of fiscal year 2018 / 2019 compared with 7.0 months at the end of December 2017, 4.9 months at the end of December 2016, 3.4 months at the end of December 2015 and 3.0 months at the end of December 2014.







The media center of the Council of Ministers said that the total deposits with banks rose to 3.7 trillion pounds by the end of October 2018, compared with 3.3 trillion pounds by the end of December 2017, and 2.8 trillion pounds by the end of December 2016, 1.9 trillion EGP by the end of December 2015 and LE 1.6 trillion by the end of December 2014.







The Media Center of the Council of Ministers confirmed that the total financial position of the banks increased to 5.5 trillion pounds by the end of October 2018, compared to 4.8 trillion pounds by the end of December 2017, and 4.0 trillion pounds by the end of December 2016 and 2.5 trillion pounds By the end of December 2015, and 2.0 trillion pounds by the end of December 2014.




Net international reserves rise to $ 42.6 billion
Net international reserves rise to $ 42.6 billion










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