Egypt’s Foreign Reserves Rise to Record USD 52 Billion in January

2026-02-07 - 12:16

Egypt’s net international reserves rose to a record USD 52.59 billion (EGP 2.46 trillion) at the end of January 2026, according to data released by the Central Bank of Egypt (CBE) on Thursday, 5 February. The figure marks an increase of about USD 1.14 billion (EGP 53.5 billion) from USD 51.4 billion (EGP 2.41 trillion) recorded at the end of December 2025. Compared to November, reserves rose by roughly USD 2.39 billion (EGP 112 billion), while total gains over 2025 stood at USD 4.19 billion (EGP 196.2 billion). The steady rise in reserves has continued since March 2024, when the CBE introduced corrective monetary measures, including a six percent interest rate hike, aimed at curbing inflation, stabilising local markets, and boosting foreign currency inflows, particularly remittances. As a result, reserves climbed to USD 41 billion (EGP 1.92 trillion) by the end of April 2024, their highest level in four years at the time, and have continued to rise since. The increase comes as Egypt pursues broader fiscal and monetary reforms, including policies aimed at achieving economic growth through exports, private sector expansion, and human capital development. In 2025, the private... This content is for members only. Visit the site and log in/register to read.