A communique from the banking entity stated that the total amount is divided into foreign currencies, gold, special drawing rights and loans from the International Monetary Fund.
Egypt’s international reserves fell to their lowest level in June 2020 due to the Covid-19 pandemic when they dropped to 36 billion dollars, although since then, the figure has been growing every month.
The basic sources of foreign exchange earnings for Egypt are the Suez Canal, tourism and remittances from workers abroad.
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