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Monday, October 12, 2026

Egypt’s foreign currency reserves rise to US$ 57.35 billion

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The Central Bank of Egypt’s net foreign currency reserves reached approximately US$ 57.35 billion by the end of September 2026—an all-time high—reflecting improved foreign currency indicators and a strengthened Egyptian economy capable of withstanding external pressures.

Foreign currency reserves continue to hit record levels, bolstered by increased foreign currency inflows into the Egyptian economy – edging closer to the $58 billion mark for the first time.

Central Bank data showed that the banking sector’s net foreign assets rose to $ 31.2 billion by the end of August 2026—marking the highest level since 2011—driven by an increase in foreign currency inflows.

These improved indicators come in spite of recent global economic developments and challenges.

It reflects the stability of the banking sector and the national economy, while showcasing Egypt’s ability to navigate external challenges.

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