Arab Finance: Egypt’s net foreign assets (NFAs) hit a surplus of EGP 295.646 billion in November 2024, versus a deficit of EGP 831.924 billion in the same month in 2023, as per data from the Central Bank of Egypt (CBE).
The data also showed that foreign assets with the CBE amounted to EGP 2.254 trillion at the end of November, while foreign assets with banks stood at EGP 1.070 trillion.
Meanwhile, foreign liabilities with the CBE and banks totaled EGP 3.029 trillion.