Egypt’s net international reserves rise to $48.7bn in June 2025
The Central Bank of Egypt (CBE) announced that the country’s net international reserves increased to $48.7bn in June 2025, up from $48.526bn in May—an uptick of approximately $174m.
In a statement issued Monday, the CBE indicated that the foreign currency component of the reserves reached $35.076bn in June, compared to $34.809bn in May. The value of Special Drawing Rights (SDRs) remained unchanged at $41m.
Gold reserves amounted to $13.586bn in June, slightly down from $13.679bn the previous month.
Egypt’s foreign exchange reserves consist of a diversified basket of major global currencies, including the US dollar, euro, British pound, Japanese yen, and Chinese yuan. The allocation of each currency depends on prevailing exchange rates and their relative stability in global markets, in accordance with a structured strategy developed by CBE officials.
The primary role of the CBE’s foreign reserves—which comprise both gold and foreign currencies—is to safeguard the country’s ability to import essential goods, meet external debt obligations, and act as a buffer during times of economic uncertainty, particularly when foreign currency inflows from key sectors come under strain.
Meanwhile, the Central Bank reported that net foreign assets (NFAs) across the Egyptian banking sector jumped to $14.710bn—or EGP 732.556bn—in May 2025, up from $13.5bn (EGP 687.723bn) in April.
This marks a key milestone, as NFAs recorded a surplus for the first time since January 2022, when a surplus of EGP 9.674bn was registered. In contrast, the sector had posted a deficit of EGP 174.4bn in April 2024, while the May 2025 surplus reached EGP 676.4bn.
Total foreign assets across the banking system—including both the Central Bank and commercial banks—rose to approximately EGP 4.111trn in May, up from EGP 3.963trn in April.
On the liabilities side, total foreign obligations amounted to EGP 3.379trn in May, compared to EGP 3.275trn in April 2025.
