{"id":547848,"date":"2022-07-17T03:57:23","date_gmt":"2022-07-17T03:57:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/"},"modified":"2022-07-17T03:57:23","modified_gmt":"2022-07-17T03:57:23","slug":"foreign-reserves-fall-again-in-june","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/","title":{"rendered":"Foreign reserves fall again in June"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Foreign reserves dip in June:<\/strong> Foreign reserves fell to USD 33.4 bn at the end of June, from <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fd1785e9-8500-4af1-80d3-59a53249f79d\">USD 35.5 bn<\/a> a month earlier, according to central bank <a href=\"https:\/\/www.cbe.org.eg\/en\/Pages\/HighlightsPages\/NIR-June-2022.aspx\">figures<\/a> released last week. Reserves have fallen from almost USD 41 bn <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1081735e-da66-4ffd-a584-d44e361d6b8c\">over the past four months<\/a> as the central bank has acted to cover portfolio outflows, imports and debt repayments. The war in the Ukraine has sent Egypt\u2019s wheat and energy import bills surging and while investor uncertainty triggered by the war and rising interest rates has seen <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/158188ff-65a9-4146-adc1-5f53c1a3f6e5\">around USD 20 bn<\/a> in foreign capital leave the country.<\/p>\n<p><strong>The figures were picked up by the foreign press:<\/strong> <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-07-07\/egypt-net-foreign-reserves-slump-again-as-war-weighs-on-finances?sref=mmeFTDW1\">Bloomberg<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign reserves dip in June: Foreign reserves fell to USD 33.4 bn at the end of June, from USD 35.5 bn a month earlier, according to central bank figures released last week. Reserves have fallen from almost USD 41 bn over the past four months as the central bank has acted to cover portfolio outflows, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7206],"tags":[271,104,72,655],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547848","post","type-post","status-publish","format-standard","hentry","category-economy","tag-central-bank-of-egypt","tag-economy","tag-enterpriseam","tag-foreign-reserves","wpautop","entry"],"acf":{"mongo_id":"474ae176-c743-4598-987b-4d5abd357fc0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[547838],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Foreign reserves fall again in June - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign reserves fall again in June\" \/>\n<meta property=\"og:description\" content=\"Foreign reserves dip in June: Foreign reserves fell to USD 33.4 bn at the end of June, from USD 35.5 bn a month earlier, according to central bank figures released last week. Reserves have fallen from almost USD 41 bn over the past four months as the central bank has acted to cover portfolio outflows, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-17T03:57:23+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Foreign reserves fall again in June\",\"datePublished\":\"2022-07-17T03:57:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Central Bank of Egypt\",\"economy\",\"EnterpriseAM\",\"foreign reserves\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/\",\"name\":\"Foreign reserves fall again in June - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-07-17T03:57:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Foreign reserves fall again in June\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Foreign reserves fall again in June - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/","og_locale":"en_US","og_type":"article","og_title":"Foreign reserves fall again in June","og_description":"Foreign reserves dip in June: Foreign reserves fell to USD 33.4 bn at the end of June, from USD 35.5 bn a month earlier, according to central bank figures released last week. Reserves have fallen from almost USD 41 bn over the past four months as the central bank has acted to cover portfolio outflows, [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-07-17T03:57:23+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/foreign-reserves-fall-again-in-june\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Foreign reserves fall again in 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