Latest in Tag: foreign assets Highlight
Latest in Tag: foreign assets
Household sector added EGP 643.108bn in local currency deposits during 2020
This came in addition to the decrease in the volume of foreign liabilities, equivalent to about EGP 19.65bn. It reached the equivalent of about EGP 704.338bn in September, compared to the equivalent of about EGP 723.988bn in August.
Exit of foreign capital from emerging economies trailed in October at slower pace since April 2018: CBE
The net foreign assets of the Egyptian banking sector as a whole, including the Central Bank of Egypt (CBE), scored about EGP 174.878bn at the end of August, compared to EGP 139.658bn at end of July, according to CBE figures. The CBE noted that net foreign assets in banks reached EGP 80.279bn at the end …