{"id":612786,"date":"2024-01-02T00:00:00","date_gmt":"2024-01-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/02\/egypts-net-foreign-liabilities-improve-slightly-in-november\/"},"modified":"2024-01-02T00:00:00","modified_gmt":"2024-01-02T00:00:00","slug":"egypts-net-foreign-liabilities-improve-slightly-in-november","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/02\/egypts-net-foreign-liabilities-improve-slightly-in-november\/","title":{"rendered":"Egypt\u2019s net foreign liabilities improve slightly in November"},"content":{"rendered":"

Egypt\u2019s<\/strong> net foreign liabilities <\/strong>eased slightly in November<\/strong> on the back of a turn around in the central bank\u2019s net foreign assets. Our net foreign asset deficit narrowed to USD 27 bn from a record high of USD 27.2 bn in October<\/a>, according to Enterprise calculations based on Central Bank of Egypt figures<\/a>.<\/p>\n

The CBE\u2019s net foreign assets saw a marginal improvemen<\/strong>t<\/strong> to negative USD 11.2 bn last month from negative USD 11.3 bn in October, the figures showed. This marks a reversal from November when the central bank\u2019s net foreign assets deficit widened on the previous month.<\/p>\n

FX liquidity in the banking system continued<\/strong> to record improvements,<\/strong> with net foreign assets in commercial banks narrowing to negative USD 15.8 bn in November, compared to negative USD 15.9 bn in October, after having already dropped from negative USD 16.4 bn in September.<\/p>\n","protected":false},"excerpt":{"rendered":"

The country\u2019s net foreign deficit shrank to USD 27 bn in November<\/p>\n","protected":false},"author":1,"featured_media":612787,"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":[271,104,72,2234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-central-bank-of-egypt","tag-economy","tag-enterpriseam","tag-foreign-exchange","wpautop","entry"],"acf":{"mongo_id":"40dfd0b8-91ce-452a-aa38-14002bd040cf","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1521.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s net foreign liabilities improve slightly in November","related_issue":[612775],"teaser":"The country\u2019s net foreign deficit shrank to USD 27 bn in November","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.96cadf03-2ac5-42e6-8360-8f779c4d24e6.mp3"},"yoast_head":"\nEgypt\u2019s net foreign liabilities improve slightly in November - 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\/2024\/01\/02\/egypts-net-foreign-liabilities-improve-slightly-in-november\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s net foreign liabilities improve slightly in November\" \/>\n<meta property=\"og:description\" content=\"The country\u2019s net foreign deficit shrank to USD 27 bn in November\" 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