{"id":636607,"date":"2024-08-04T00:00:00","date_gmt":"2024-08-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/"},"modified":"2024-08-04T00:00:00","modified_gmt":"2024-08-04T00:00:00","slug":"net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/","title":{"rendered":"Net foreign asset position remains in the green in June despite surplus falling 10%"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> The country\u2019s net foreign asset surplus shrank<\/strong><strong> 10% <\/strong><strong>to USD 12.9 bn in June<\/strong>, down from USD 14.3 bn in May, according to Enterprise calculations based on <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/142.pdf\" style=\"\" rel=\"noopener\">Central Bank of Egypt figures<\/a>. The decline comes a month after our net foreign assets <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/05dbfb21-5b24-459c-8961-cd7efb29461b\/%253cmark%253enet%253c%2Fmark%253e%253cmark%253e-foreign%253c%2Fmark%253e-assets-record-their-first-surplus-in-over-two-years\" style=\"\" rel=\"noopener\">shifted from deficit to surplus<\/a> \u2014 the first time our net foreign asset position had been in the green since February 2022.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Commercial bank outflows drove the decline: <\/strong>The net foreign asset surplus at commercial banks shrank 41.0% from the month before in June to USD 2.7 bn on the back of a nearly USD 2.0 bn drop in assets and insignificant dip in liabilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But it was still a good month for the central bank:<\/strong> The decline was offset by a 4.8% m-o-m increase in the CBE\u2019s net foreign assets to USD 10.2 bn in June. The central bank saw its liabilities drop USD 716 mn to USD 34.2 bn, while its foreign assets fell USD 250 mn to USD 44.4 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019re a long way away from where we were a few months ago: <\/strong>Despite the slight dip, net foreign assets remain happily in surplus after over two years in the red following the flight of nearly USD 20 bn as a result of the outbreak of the Russia-Ukraine war. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember:<\/strong> Egypt\u2019s net foreign asset deficit hit an all-time high back in January, recording <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/428b4720-c846-42b6-8058-e26c9aaff040\/net-foreign-liabilities-hit-record-high-in-january-for-second-consecutive-month\" style=\"\" rel=\"noopener\">USD<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/428b4720-c846-42b6-8058-e26c9aaff040\/net-foreign-liabilities-hit-record-high-in-january-for-second-consecutive-month\" style=\"\" rel=\"noopener\">29.0 bn<\/a>, before starting to gradually drop in the months that followed following the Ras El Hekma agreement, float of the EGP, and the flood of inflows that followed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The net foreign asset surplus at commercial banks shrank 41.0% from the month before in June<\/p>\n","protected":false},"author":1,"featured_media":636608,"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":[204,271,104,72,2234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-banking","tag-central-bank-of-egypt","tag-economy","tag-enterpriseam","tag-foreign-exchange","wpautop","entry"],"acf":{"mongo_id":"5661d548-711f-41e8-9980-e668e01fadbb","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/161.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s net foreign asset position remains in the green in June despite surplus falling 10%","related_issue":[636597],"teaser":"The net foreign asset surplus at commercial banks shrank 41.0% from the month before in June","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.630eef11-5936-4531-8545-33f69a19d847.mp3"},"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>Net foreign asset position remains in the green in June despite surplus falling 10% - 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\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Net foreign asset position remains in the green in June despite surplus falling 10%\" \/>\n<meta property=\"og:description\" content=\"The net foreign asset surplus at commercial banks shrank 41.0% from the month before in June\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-04T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1\" \/>\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\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Net foreign asset position remains in the green in June despite surplus falling 10%\",\"datePublished\":\"2024-08-04T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/\"},\"wordCount\":282,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1\",\"keywords\":[\"banking\",\"Central Bank of Egypt\",\"economy\",\"EnterpriseAM\",\"foreign exchange\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/\",\"name\":\"Net foreign asset position remains in the green in June despite surplus falling 10% - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-08-04T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Net foreign asset position remains in the green in June despite surplus falling 10%\"}]},{\"@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":"Net foreign asset position remains in the green in June despite surplus falling 10% - 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\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/","og_locale":"en_US","og_type":"article","og_title":"Net foreign asset position remains in the green in June despite surplus falling 10%","og_description":"The net foreign asset surplus at commercial banks shrank 41.0% from the month before in June","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-08-04T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Net foreign asset position remains in the green in June despite surplus falling 10%","datePublished":"2024-08-04T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/"},"wordCount":282,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1","keywords":["banking","Central Bank of Egypt","economy","EnterpriseAM","foreign exchange"],"articleSection":["Economy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/","name":"Net foreign asset position remains in the green in June despite surplus falling 10% - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1","datePublished":"2024-08-04T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/04\/net-foreign-asset-position-remains-in-the-green-in-june-despite-surplus-falling-10\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Net foreign asset position remains in the green in June despite surplus falling 10%"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/161.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":640752,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/01\/egypts-net-foreign-asset-surplus-rises-to-usd-13-3-bn-in-july\/","url_meta":{"origin":636607,"position":0},"title":"Egypt\u2019s net foreign asset surplus rises to USD 13.3 bn in July","author":"enterpriseam admin","date":"1 September 2024","format":false,"excerpt":"This is the country\u2019s third month in the green after our net foreign assets shifted from deficit to surplus in May","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2673.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":654435,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/net-foreign-asset-surplus-rises-to-usd-10-3-bn-in-september\/","url_meta":{"origin":636607,"position":1},"title":"Net foreign asset surplus rises to USD 10.3 bn in September","author":"enterpriseam admin","date":"3 November 2024","format":false,"excerpt":"This is the country\u2019s fifth month in the green after our net foreign assets shifted from deficit to surplus in May","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/33.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646910,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/03\/egypts-net-foreign-assets-surplus-shrinks-27-to-usd-9-7-bn-in-august\/","url_meta":{"origin":636607,"position":2},"title":"Egypt\u2019s net foreign assets surplus shrinks 27% to USD 9.7 bn in August","author":"enterpriseam admin","date":"3 October 2024","format":false,"excerpt":"Despite the drop, this marks Egypt's fourth straight month in the green","rel":"","context":"In &quot;Banking&quot;","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/267.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607426,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/03\/net-foreign-asset-position-improves-slightly-in-august\/","url_meta":{"origin":636607,"position":3},"title":"Net foreign asset position improves slightly in August","author":"enterpriseam admin","date":"3 October 2023","format":false,"excerpt":"FX liquidity in the banking sector deteriorated during the month","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/137.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626365,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/net-foreign-assets-record-their-first-surplus-in-over-two-years\/","url_meta":{"origin":636607,"position":4},"title":"Net foreign assets record their first surplus in over two years","author":"enterpriseam admin","date":"1 July 2024","format":false,"excerpt":"Egypt\u2019s net foreign asset position turned to a surplus on the back of FX inflows from the Ras El Hekma agreement","rel":"","context":"In &quot;Banking&quot;","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/4.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":658333,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/08\/net-foreign-assets-dropped-35-to-usd-6-0-bn-in-november\/","url_meta":{"origin":636607,"position":5},"title":"Net foreign assets dropped 35% to USD 6.0 bn in November","author":"enterpriseam admin","date":"8 January 2025","format":false,"excerpt":"Driven by a sharp decline in foreign assets in commercial bank","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/316.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=636607"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636607\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/636597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/636608"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=636607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=636607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=636607"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=636607"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=636607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}