Egypt's net foreign assets up in February

Data published by the Central Bank of Egypt showed that net foreign assets in the banking system were up by approximately US $1.5 billion during February, reaching $10.17 billion, compared to $8.7 billion at the end of January – an increase of more than 17 percent. Reportingby Reuters indicates that this is the second increase so far in 2025, after having fallen in each of the last three months of 2024.