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FinancialNews
04-08-18
Egypt's int'l reserves reach USD44.315bln
(MENAFN) The Central Bank of Egypt (CBE) said that the country's net international reserves reached USD44.315 billion by the end of July 2018, according to provisional data.
This means that Egyptian foreign exchange reserves are still rising, increasing by around 0.40% compared to its level by the end of May, when it totalled USD44.138 billion.
In a different vein, the Egyptian Exchange (EGX) achieved gains by the end of the week, as the market capital increased by around EGP 22 billion.
The benchmark index EGX30 registered weekly gains of 3.99% as it closed at the level of 15,806.38 points, while EGX70 rose 1.85% to 748.07, EGX100 settled 2.44% higher at 1,942.46 points, and EGX50 rose 1.83% and ended Thursday"s trading session at 2,599.78 points.
MENAFN0408201800450000ID1097245195
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