{"id":564048,"date":"2021-08-04T13:39:44","date_gmt":"2021-08-04T13:39:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/"},"modified":"2021-08-04T13:39:44","modified_gmt":"2021-08-04T13:39:44","slug":"reserves-barely-inch-up-in-july","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/","title":{"rendered":"Reserves barely inch up in July"},"content":{"rendered":"

<\/a> FX reserves increase marginally in July: <\/strong>Egypt\u2019s foreign currency reserves inched up to USD 40.61 bn in July from USD 40.58 bn in June<\/a>, according to official figures<\/a> released by the Central Bank of Egypt today. FX reserves rose by almost USD 116 mn in June.<\/p>\n

Reserves are still about USD 5 bn short of where they were prior to covid<\/strong>: The country\u2019s stockpile fell by almost USD 10 bn from the USD 45.5 bn peak in February 2020<\/a> due to the covid-induced sell-off of emerging-market assets, and the lockdown of the economy in the second quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"

FX reserves increase marginally in July: Egypt\u2019s foreign currency reserves inched up to USD 40.61 bn in July from USD 40.58 bn in June, according to official figures released by the Central Bank of Egypt today. FX reserves rose by almost USD 116 mn in June. Reserves are still about USD 5 bn short of […]<\/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":[10034],"tags":[104,633,2234,655],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564048","post","type-post","status-publish","format-standard","hentry","category-speed-round-economy","tag-economy","tag-enterprisepm","tag-foreign-exchange","tag-foreign-reserves","wpautop","entry"],"acf":{"mongo_id":"f4dd0f5f-c932-473f-99c4-e708cdbe9cb7","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[564037],"teaser":"","voice_url":""},"yoast_head":"\nReserves barely inch up in July - 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\/08\/04\/reserves-barely-inch-up-in-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reserves barely inch up in July\" \/>\n<meta property=\"og:description\" content=\"FX reserves increase marginally in July: Egypt\u2019s foreign currency reserves inched up to USD 40.61 bn in July from USD 40.58 bn in June, according to official figures released by the Central Bank of Egypt today. FX reserves rose by almost USD 116 mn in June. Reserves are still about USD 5 bn short of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-04T13:39:44+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\/08\/04\/reserves-barely-inch-up-in-july\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Reserves barely inch up in July\",\"datePublished\":\"2021-08-04T13:39:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/\"},\"wordCount\":98,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"economy\",\"EnterprisePM\",\"foreign exchange\",\"foreign reserves\"],\"articleSection\":[\"SPEED ROUND: ECONOMY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/\",\"name\":\"Reserves barely inch up in July - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-08-04T13:39:44+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reserves barely inch up in July\"}]},{\"@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":"Reserves barely inch up in July - 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\/08\/04\/reserves-barely-inch-up-in-july\/","og_locale":"en_US","og_type":"article","og_title":"Reserves barely inch up in July","og_description":"FX reserves increase marginally in July: Egypt\u2019s foreign currency reserves inched up to USD 40.61 bn in July from USD 40.58 bn in June, according to official figures released by the Central Bank of Egypt today. FX reserves rose by almost USD 116 mn in June. 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Egypt\u2019s reserves had increased USD 3 mby n in July, after jumping USD 116 mn in\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592499,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/07\/egypts-foreign-reserves-continue-to-rise-in-july\/","url_meta":{"origin":564048,"position":1},"title":"Egypt\u2019s foreign reserves continue to rise in July","author":"enterpriseam admin","date":"7 August 2023","format":false,"excerpt":"Foreign reserves inched up to USD 34.88 bn","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\/2023\/8\/274.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":564048,"position":2},"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. FX reserves rose by almost USD 125 mn in\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559811,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/04\/fx-reserves-up-again-in-january\/","url_meta":{"origin":564048,"position":3},"title":"FX reserves up again in January","author":"enterpriseam admin","date":"4 February 2021","format":false,"excerpt":"Foreign reserves ticked up USD 38.2 mn in January to end the month at USD 40.1 bn, according to central bank figures released yesterday. Foreign reserves had made a significant comeback in December, rising by almost USD 800 mn to their highest level since April. The FX stockpile had fallen\u2026","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\/2021\/2\/88.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567771,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/07\/fx-reserves-hold-the-line-in-november\/","url_meta":{"origin":564048,"position":4},"title":"FX reserves hold the line in November","author":"enterpriseam admin","date":"7 December 2020","format":false,"excerpt":"Egypt\u2019s foreign currency reserves were broadly stable in November, inching up a modest USD 1.8 mn to USD 39.2 bn, according to Central Bank of Egypt figures. October had seen the largest monthly increase in foreign currency reserves this year, with FX holdings shooting up by USD 800 mn. 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