Egypt’s foreign reserves rise to $57.35 bln in September: CBE

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Egypt's foreign-exchange reserves rose to $57.35 billion in September, according to the Central Bank of Egypt. The accompanying report also highlights government support for developing the non-banking financial sector to attract investment and expand private-sector participation.

Prime Minister Mostafa Madbouly affirmed the State’s commitment to developing the non-banking financial sector in its various activities given its vital role in driving the national economy, attracting investment and expanding the participation of the domestic and foreign private sectors. The prime minister also highlighted the sector’s role in providing citizens with safe investment avenues … The post Egypt’s foreign reserves rise to $57.35 bln in September: CBE appeared first on Egypt Independent.