Sunday 16/Mar/2025 – 02:44 PM
The net foreign assets of the Central Bank of Egypt achieved a surplus of 12.090 billion dollars, equivalent to 613.108 billion pounds at the end of February 2025 compared to 11.991 billion dollars, equivalent to 603.055 billion pounds at the end of January 2025 and for $ 11.64 billion, equivalent to 592.469 billion pounds at the end of December 2024.
According to the central bank’s report, the net foreign assets of the Central Bank are one of the most important measures of stability and banking hardness, as it shows the difference between the central bank’s assets and its obligations from foreign currencies.
Net foreign origins
The central bank revealed last May that the net foreign assets of Al -Saktazi turned from the deficit to achieve a surplus for the first time since March 2022.
The net foreign assets achieved a surplus of 458.630 billion pounds at the end of May 2024, compared to a deficit of 36.070 billion pounds at the end of April.
The reserve money M.
The report added that the cash circulating outside the Central Bank treasury recorded 1.297 trillion pounds at the end of February compared to 1.236 trillion pounds at the end of last December.
He explained that bank deposits in local currency recorded 1.055 trillion pounds at the end of February 2025 compared to 1.007 trillion pounds at the end of last December.
