Egypt’s foreign reserves surge to over $34bn in February 

RIYADH: Egypt’s foreign reserves surged to reach $34.35 billion by the end of February 2023, the latest data from the Central Bank of Egypt showed.   

This figure reflects a $127.9 million increase when compared to the $34.224 billion recorded by the end of January 2023.  

Foreign currencies in the African country’s net international reserves include the US dollar, Euro, Australian dollar, Japanese yen, and Chinese yuan.