{"id":635464,"date":"2017-12-05T03:53:17","date_gmt":"2017-12-05T03:53:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/fx-reserves-stable-at-usd-36-7-bn-in-november\/"},"modified":"2017-12-05T03:53:17","modified_gmt":"2017-12-05T03:53:17","slug":"fx-reserves-stable-at-usd-36-7-bn-in-november","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/fx-reserves-stable-at-usd-36-7-bn-in-november\/","title":{"rendered":"FX reserves stable at USD 36.7 bn in November"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Egypt\u2019s FX reserves were essentially stable at USD 36.723 bn at the end of November <\/strong><strong>from USD 36.703 bn at the end of October<\/strong>, <a href=\"http:\/\/www.cbe.org.eg\/en\/Pages\/HighlightsPages\/Net-International-Reserves-reached-US$-36723-0-mn-at-the-end-of-November,-2017.aspx\">the central bank said on Monday<\/a>. With reserves at a comfortable level, the CBE has begun unwinding FX crisis-era measures to restrict outflows, including repealing caps on USD deposits and withdrawals last week.<\/p>\n<p><strong>The CBE also paid back USD 2 bn to the African Export-Import Bank on Monday as part <\/strong><strong>of a USD 3.2 bn loan<\/strong>, state news agency MENA reported on Monday. The central bank plans to repay the remaining USD 1.2 bn by the end of this month, <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFC6N1JA02E\">according to Reuters<\/a>. These repayments will part of some USD 14 bn in foreign debt obligations the government plans to service during this fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s FX reserves were essentially stable at USD 36.723 bn at the end of November from USD 36.703 bn at the end of October, the central bank said on Monday. With reserves at a comfortable level, the CBE has begun unwinding FX crisis-era measures to restrict outflows, including repealing caps on USD deposits and withdrawals [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635464","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"209ed724-6c36-4781-9431-ad1334287c34","order":"0","is_powered_by":true,"section_story_id":"a698fd8d-5123-4698-b947-da39059b3194","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635454],"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>FX reserves stable at USD 36.7 bn 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\/2017\/12\/05\/fx-reserves-stable-at-usd-36-7-bn-in-november\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FX reserves stable at USD 36.7 bn in November\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s FX reserves were essentially stable at USD 36.723 bn at the end of November from USD 36.703 bn at the end of October, the central bank said on Monday. With reserves at a comfortable level, the CBE has begun unwinding FX crisis-era measures to restrict outflows, including repealing caps on USD deposits and withdrawals [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/fx-reserves-stable-at-usd-36-7-bn-in-november\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-05T03:53:17+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\/2017\/12\/05\/fx-reserves-stable-at-usd-36-7-bn-in-november\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/fx-reserves-stable-at-usd-36-7-bn-in-november\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FX reserves stable at USD 36.7 bn in November\",\"datePublished\":\"2017-12-05T03:53:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/fx-reserves-stable-at-usd-36-7-bn-in-november\/\"},\"wordCount\":132,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/fx-reserves-stable-at-usd-36-7-bn-in-november\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/fx-reserves-stable-at-usd-36-7-bn-in-november\/\",\"name\":\"FX reserves stable at USD 36.7 bn in November - 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Foreign reserves rebounded slightly in June, rising to USD 38.2 bn from USD 36 bn in May after three consecutive months of decline, according to Central Bank of Egypt (CBE) data.\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":574381,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/08\/fx-reserves-rise-slightly-in-august\/","url_meta":{"origin":635464,"position":1},"title":"FX reserves rise slightly in August","author":"enterpriseam admin","date":"8 September 2020","format":false,"excerpt":"FX reserves rise slightly in August: Foreign reserves rose in August for the third month running, coming in at USD 38.37 bn from USD 38.31 in July, according to central bankfigures released yesterday. The country has added a little over USD 2 bn to its stockpiles over the past three\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":597829,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-fx-reserves-reach-usd-44-218-bn-at-end-april\/","url_meta":{"origin":635464,"position":2},"title":"Egypt\u2019s FX reserves reach USD 44.218 bn at end-April","author":"enterpriseam admin","date":"6 May 2019","format":false,"excerpt":"Egypt\u2019s foreign reserves were essentially unchanged at USD 44.218 bn at the end of April, up slightly from USD 44.112 bn the previous month, the central bank announced yesterday.","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":599688,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/egypts-fx-reserves-fall-for-first-time-after-egp-float\/","url_meta":{"origin":635464,"position":3},"title":"Egypt\u2019s FX reserves fall for first time after EGP float","author":"enterpriseam admin","date":"8 January 2019","format":false,"excerpt":"Foreign reserves have fallen for the first time in two years: Egypt\u2019s net foreign reserves fell in December for the first time since the currency float, coming at USD 42.551 bn fromUSD 44.513 bn at the end of November, the CBE said yesterday. The fall is attributed to year-end interest\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":571359,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/10\/foreign-reserves-fall-for-second-consecutive-month-in-april\/","url_meta":{"origin":635464,"position":4},"title":"Foreign reserves fall for second consecutive month in April","author":"enterpriseam admin","date":"10 May 2020","format":false,"excerpt":"Foreign reserves fell in April for the second consecutive month as the central bank honored repatriation requests from foreign investors, theCentral Bank of Egypt said in a statement (pdf). Reserves slipped by another USD 3.1 bn during the month to USD 37 bn, having fallen from a peak of USD\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\/2020\/5\/90.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575278,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/egypts-foreign-reserves-rise-for-fourth-month-running-in-september\/","url_meta":{"origin":635464,"position":5},"title":"Egypt\u2019s foreign reserves rise for fourth month running in September","author":"enterpriseam admin","date":"11 October 2020","format":false,"excerpt":"Foreign reserves inched upwards for the fourth consecutive month in September, rising to USD 38.43 bn from USD 38.37 bn in August, according to central bank figures released on Wednesday. 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