Arab Finance: Egypt’s net foreign assets (NFAs) hit a surplus of EGP 265.898 billion in December 2024, versus a deficit of EGP 841.391 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 2.326 trillion at the end of December, while foreign assets with banks stood at EGP 1.180 trillion.
Meanwhile, foreign liabilities with the CBE and banks totaled EGP 3.240 trillion.