{"id":598791,"date":"2019-06-09T04:00:58","date_gmt":"2019-06-09T04:00:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/"},"modified":"2019-06-09T04:00:58","modified_gmt":"2019-06-09T04:00:58","slug":"egypts-foreign-reserves-inch-up-in-may","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/","title":{"rendered":"Egypt\u2019s foreign reserves inch up in May"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <b>Foreign reserves inch up to USD 44.27 bn at end-May: <\/b>Egypt added USD 112 mn to its reserves base in May to close the month at USD 44.274 bn compared to <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/06\/egypts-fx-reserves-reach-usd-44-218-bn-at-end-april\/\">USD 44.218 bn<\/a> at end-April, <a href=\"https:\/\/www.cbe.org.eg\/ar\/Pages\/HighlightsPages\/%D8%B5%D8%A7%D9%81%D9%8A-%D8%A7%D9%84%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A%D8%A9-%D9%8A%D8%B5%D9%84-%D8%A5%D9%84%D9%89-44274-9-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A-%D9%81%D9%8A-%D9%86%D9%87%D8%A7%D9%8A%D8%A9-%D9%85%D8%A7%D9%8A%D9%88-2019.aspx\">the central bank said<\/a>. The central bank had made debt payment of USD 406 mn to African Export-Import Bank in May,<a href=\"http:\/\/gate.ahram.org.eg\/News\/2220177.aspx\">according to Ahram Gate<\/a>. Egypt is expecting the final USD 2 bn tranche of the IMF\u2019s USD 12 bn extended fund facility this month after<a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/19\/egypt-imf-reach-staff-level-agreement-to-unlock-final-tranche-of-usd-12-bn-facility\/\">reaching a staff-level agreement in May<\/a>, which should bolster reserves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign reserves inch up to USD 44.27 bn at end-May: Egypt added USD 112 mn to its reserves base in May to close the month at USD 44.274 bn compared to USD 44.218 bn at end-April, the central bank said. The central bank had made debt payment of USD 406 mn to African Export-Import Bank [&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":[8572],"tags":[380,104,72,655,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598791","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-currencies","tag-economy","tag-enterpriseam","tag-foreign-reserves","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c2ea225a-69b2-4080-82f0-b52f7e6a4454","is_powered_by":true,"section_story_id":"d2063c32-4183-4dd5-98dc-e95d8946b95f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598777],"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>Egypt\u2019s foreign reserves inch up in May - 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\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s foreign reserves inch up in May\" \/>\n<meta property=\"og:description\" content=\"Foreign reserves inch up to USD 44.27 bn at end-May: Egypt added USD 112 mn to its reserves base in May to close the month at USD 44.274 bn compared to USD 44.218 bn at end-April, the central bank said. The central bank had made debt payment of USD 406 mn to African Export-Import Bank [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-09T04:00:58+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\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s foreign reserves inch up in May\",\"datePublished\":\"2019-06-09T04:00:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/\"},\"wordCount\":93,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"currencies\",\"economy\",\"EnterpriseAM\",\"foreign reserves\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/\",\"name\":\"Egypt\u2019s foreign reserves inch up in May - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-06-09T04:00:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt\u2019s foreign reserves inch up in May\"}]},{\"@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":"Egypt\u2019s foreign reserves inch up in May - 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\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/","og_locale":"en_US","og_type":"article","og_title":"Egypt\u2019s foreign reserves inch up in May","og_description":"Foreign reserves inch up to USD 44.27 bn at end-May: Egypt added USD 112 mn to its reserves base in May to close the month at USD 44.274 bn compared to USD 44.218 bn at end-April, the central bank said. 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USD 100 mn in February","author":"enterpriseam admin","date":"7 March 2021","format":false,"excerpt":"The nation\u2019s foreign currency reserves rose nearly USD 100 mn in February, ending the month at USD 40.2 bn, according to central bank figures. Foreign reserves had increased USD 38.2 mn in January, after shooting up by almost USD 800 mn in December 2020 to their highest level since last\u2026","rel":"","context":"In &quot;SPEED ROUND: MACRO&quot;","block_context":{"text":"SPEED ROUND: MACRO","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-macro\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/416.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575951,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypt-adds-usd-800-mn-to-foreign-reserves-in-october\/","url_meta":{"origin":598791,"position":2},"title":"Egypt adds USD 800 mn to foreign reserves in October","author":"enterpriseam admin","date":"4 November 2020","format":false,"excerpt":"Egypt adds USD 800 mn to foreign reserves in October: Egypt\u2019s foreign reserves grew for the fifth consecutive month in October, climbing to USD 39.22 bn from USD 38.43 bn in September, according to central bank figures released yesterday. Reserves fell by some USD 10 bn between March and May\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573510,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/09\/egypts-foreign-reserves-rise-for-the-second-month-running-in-july\/","url_meta":{"origin":598791,"position":3},"title":"Egypt\u2019s foreign reserves rise for the second month running in July","author":"enterpriseam admin","date":"9 August 2020","format":false,"excerpt":"Foreign reserves tick up in July: Egypt added USD 150 mn to its foreign reserves in July, marking the second consecutive month of gains after falling almost USD 10 bn during the height of the covid-19 pandemic, according to central bank figures released on Thursday. Reserves increased to USD 38.31\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596730,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/egypts-fx-reserves-inch-up-in-june\/","url_meta":{"origin":598791,"position":4},"title":"Egypt\u2019s FX reserves inch up in June","author":"enterpriseam admin","date":"7 July 2019","format":false,"excerpt":"FX reserves inched up slightly to USD 44.35 bn at the end of June, up from USD 44.27 bn the previous month, the Central Bank of Egypt said in a statement.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564048,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/reserves-barely-inch-up-in-july\/","url_meta":{"origin":598791,"position":5},"title":"Reserves barely inch up in July","author":"enterpriseam admin","date":"4 August 2021","format":false,"excerpt":"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. 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