{"id":646057,"date":"2017-06-05T04:20:09","date_gmt":"2017-06-05T04:20:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/"},"modified":"2017-06-05T04:20:09","modified_gmt":"2017-06-05T04:20:09","slug":"fx-reserves-up-to-usd-31-1-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/","title":{"rendered":"FX reserves up to USD 31.1 bn"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Reserves close-in on pre-2011 levels: <\/strong>The central bank\u2019s foreign reserves increased to USD 31.13 bn at the end of May, from USD 28.64 bn a month earlier, <a href=\"http:\/\/www.cbe.org.eg\/en\/Pages\/HighlightsPages\/--Net-International-Reserves-reached-US$-31125-6-mn-at-the-end-of-May,-2017.aspx\">according to the CBE<\/a>. The central bank <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/\">had received<\/a> the USD 3.2 bn raised from the successful eurobond sale before the end of May, and an unnamed official said they would be used to bolster reserves. <strong>This is a major milestone, <\/strong>since, as <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-06-04\/pre-revolt-level-in-sight-for-egypt-reserves-after-may-gains\">Bloomberg\u2019s Ahmed Feteha<\/a> notes, the level of reserves is the highest since February 2011 and just USD 5 bn shy of the USD 36 bn peak recorded in December 2010.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reserves close-in on pre-2011 levels: The central bank\u2019s foreign reserves increased to USD 31.13 bn at the end of May, from USD 28.64 bn a month earlier, according to the CBE. The central bank had received the USD 3.2 bn raised from the successful eurobond sale before the end of May, and an unnamed official [&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-646057","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c5a85560-6ac1-4a6f-bf11-1971a1113698","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646051],"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 up to USD 31.1 bn - 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\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FX reserves up to USD 31.1 bn\" \/>\n<meta property=\"og:description\" content=\"Reserves close-in on pre-2011 levels: The central bank\u2019s foreign reserves increased to USD 31.13 bn at the end of May, from USD 28.64 bn a month earlier, according to the CBE. The central bank had received the USD 3.2 bn raised from the successful eurobond sale before the end of May, and an unnamed official [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-05T04:20:09+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\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FX reserves up to USD 31.1 bn\",\"datePublished\":\"2017-06-05T04:20:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/\"},\"wordCount\":101,\"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\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/\",\"name\":\"FX reserves up to USD 31.1 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-06-05T04:20:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FX reserves up to USD 31.1 bn\"}]},{\"@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":"FX reserves up to USD 31.1 bn - 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\/2017\/06\/05\/fx-reserves-up-to-usd-31-1-bn\/","og_locale":"en_US","og_type":"article","og_title":"FX reserves up to USD 31.1 bn","og_description":"Reserves close-in on pre-2011 levels: The central bank\u2019s foreign reserves increased to USD 31.13 bn at the end of May, from USD 28.64 bn a month earlier, according to the CBE. 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The central bank had made debt payment of USD 406\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":572775,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/08\/fx-reserves-rise-for-the-first-time-since-february-stable-outlook-for-the-back-half-of-the-year\/","url_meta":{"origin":646057,"position":1},"title":"FX reserves rise for the first time since February \u2014 stable outlook for the back half of the year?","author":"enterpriseam admin","date":"8 July 2020","format":false,"excerpt":"FX reserves rise for the first time since February \u2014 stable outlook for the back half of the year? 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":652369,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/cbe-reserves-end-2016-at-usd-24-3-bn\/","url_meta":{"origin":646057,"position":2},"title":"CBE reserves end 2016 at USD 24.3 bn","author":"enterpriseam admin","date":"8 January 2017","format":false,"excerpt":"The Central Bank of Egypt had reserves totaling USD 24.3 bn at the end of 2016, after adding USD 1.2 bn to the balance recorded in November and registering the highest balance since August 2011. 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This came after reserves fell in December for the first time since the currency float, coming at USD 42.551 bn\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":575951,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypt-adds-usd-800-mn-to-foreign-reserves-in-october\/","url_meta":{"origin":646057,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646057","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=646057"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646057\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646051"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646057"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646057"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}