Arab Finance: Egypt’s net foreign assets (NFAs) hit a surplus of EGP 498.697 billion in September, versus a deficit of EGP 828.733 billion in the same month last year, as per data from the Central Bank of Egypt (CBE).

The data also showed that foreign assets with the CBE amounted to EGP 2.185 trillion at the end of September, while foreign assets with banks stood at EGP 1.377 trillion.

Meanwhile, foreign liabilities with the CBE and banks totaled EGP 3.064 trillion.

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