Egypt’s Net Foreign Assets Surplus Hike in July 2024

Updated 9/5/2024 9:30:00 AM
Egypt’s Net Foreign Assets Surplus Hike in July 2024

Egypt's net foreign assets surplus (NFAs) increased to $13.26 billion in July 2024, up from $13.03 billion in June, marking a month-on-month growth rate of 1.7%, as per data from the Central Bank of Egypt (CBE). 

Egypt’s NFAs achieved a surplus of EGP 676.405 billion at the end of May, the first NFA surplus recorded in 28 months. 

Related Infographics

Related News