Egypt's net foreign reserves rose to $46.952 billion in November from $46.942 billion in October, data from the Central Bank of Egypt (CBE) showed.
According to CBE data, the reserve increase amounted to about $ 10 million last November. This comes as the US dollar recorded a jump against the Egyptian pound to 50.27 pounds in banks. The dollar recorded the highest price in Abu Dhabi Islamic Bank, at 50.18 pounds for purchase, and 50.27 pounds for sale, while in the two largest government banks, Al-Ahly and Misr, it recorded a price of 50.15 pounds for purchase and 50.25 pounds for sale.
Source (Al-Arabiya.net Website, Edited)
