{"id":557122,"date":"2021-09-07T04:00:15","date_gmt":"2021-09-07T04:00:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/"},"modified":"2021-09-07T04:00:15","modified_gmt":"2021-09-07T04:00:15","slug":"fx-reserves-inch-up-in-august","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/","title":{"rendered":"FX reserves inch up in August"},"content":{"rendered":"

<\/a> Egypt\u2019s foreign currency reserves inched up by USD 62.9 mn in August<\/strong>, reaching USD 40.67 bn from USD 40.61 bn in July<\/a>, according to official figures<\/a> released by the Central Bank of Egypt yesterday. Egypt\u2019s reserves had increased USD 3 mby n in July, after jumping USD 116 mn in June.<\/p>\n

Reserves are getting closer to their pre-covid levels: <\/strong>The country\u2019s stockpile fell by almost USD 10 bn from the USD 45.5 bn peak in February 2020<\/a> due largely to the covid-induced sell-off of emerging-market assets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s foreign currency reserves inched up by USD 62.9 mn in August, reaching USD 40.67 bn from USD 40.61 bn in July, according to official figures released by the Central Bank of Egypt yesterday. Egypt\u2019s reserves had increased USD 3 mby n in July, after jumping USD 116 mn in June. Reserves are getting closer […]<\/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":[107,104,72,2234,655],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557122","post","type-post","status-publish","format-standard","hentry","category-economy","tag-covid-19","tag-economy","tag-enterpriseam","tag-foreign-exchange","tag-foreign-reserves","wpautop","entry"],"acf":{"mongo_id":"335b98b4-3a8a-4d09-9ee7-359cdd4fba36","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[557111],"teaser":"","voice_url":""},"yoast_head":"\nFX reserves inch up in August - 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\/2021\/09\/07\/fx-reserves-inch-up-in-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FX reserves inch up in August\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s foreign currency reserves inched up by USD 62.9 mn in August, reaching USD 40.67 bn from USD 40.61 bn in July, according to official figures released by the Central Bank of Egypt yesterday. Egypt\u2019s reserves had increased USD 3 mby n in July, after jumping USD 116 mn in June. Reserves are getting closer […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-07T04:00:15+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FX reserves inch up in August\",\"datePublished\":\"2021-09-07T04:00:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"covid-19\",\"economy\",\"EnterpriseAM\",\"foreign exchange\",\"foreign reserves\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/\",\"name\":\"FX reserves inch up in August - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-09-07T04:00:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/fx-reserves-inch-up-in-august\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FX reserves inch up in August\"}]},{\"@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":"FX reserves inch up in August - 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\/2021\/09\/07\/fx-reserves-inch-up-in-august\/","og_locale":"en_US","og_type":"article","og_title":"FX reserves inch up in August","og_description":"Egypt\u2019s foreign currency reserves inched up by USD 62.9 mn in August, reaching USD 40.67 bn from USD 40.61 bn in July, according to official figures released by the Central Bank of Egypt yesterday. Egypt\u2019s reserves had increased USD 3 mby n in July, after jumping USD 116 mn in June. 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FX reserves rose by almost USD 116 mn in June.Reserves are still about USD\u2026","rel":"","context":"In "SPEED ROUND: ECONOMY"","block_context":{"text":"SPEED ROUND: ECONOMY","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":643385,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/08\/foreign-reserves-continue-their-upward-cruise-coming-in-at-usd-46-6-bn-in-august\/","url_meta":{"origin":557122,"position":1},"title":"Foreign reserves continue their upward cruise, coming in at USD 46.6 bn in August","author":"enterpriseam admin","date":"8 September 2024","format":false,"excerpt":"FX reserves seem to have weathered early August\u2019s global market meltdown","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1361.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638013,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/07\/foreign-reserves-hit-a-fresh-high-of-usd-46-5-bn-in-july\/","url_meta":{"origin":557122,"position":2},"title":"Foreign reserves hit a fresh high of USD 46.5 bn in July","author":"enterpriseam admin","date":"7 August 2024","format":false,"excerpt":"Egypt's net foreign reserves have increased by about USD 11.2 bn since February","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/544.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563551,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/slowly-but-surely-2\/","url_meta":{"origin":557122,"position":3},"title":"Slowly but surely","author":"enterpriseam admin","date":"7 July 2021","format":false,"excerpt":"FX reserves slightly up in June: Egypt\u2019s foreign currency reserves inched up by almost USD 116 mn June to USD 40.58 bn from USD 40.47 bn in May, according to official figures released by the the Central Bank of Egypt yesterday. 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