Thursday, November 7, 2013

Reuters: US Dollar Report: Egypt foreign reserves drop to $18.59 bln at end-Oct -c.bank

Reuters: US Dollar Report
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Egypt foreign reserves drop to $18.59 bln at end-Oct -c.bank
Nov 7th 2013, 09:50

CAIRO | Thu Nov 7, 2013 4:50am EST

CAIRO Nov 7 (Reuters) - Egypt's foreign reserves fell to $18.59 billion in October from $18.71 billion in September, the central bank said on Thursday.

Reserves have been under pressure since Egypt's 2011 popular uprising, but got a boost in July when Gulf Arab states sent it $5 billion after the army removed Islamist President Mohamed Mursi from power.

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