$52.6 billion net international reserves "Egyptian Central Bank"
Cairo, February 21 / WAM / The Central Bank of Egypt announced that net international reserves rose to $52.6 billion in January 2026, recording the highest historical level compared to $33.1 billion in August 2022, allowing the coverage of about 6.9 months of merchandise imports, exceeding international indicative levels.
This came during Egyptian President Abdel Fattah El-Sisi’s meeting today with Hassan Abdullah, Governor of the Central Bank of Egypt, where the meeting discussed developments and achievements of the banking sector and monetary policy during the year 2025.
A statement by the Egyptian Presidency explained that the meeting witnessed a review of the increase in net foreign assets in the banking sector to $25.5 billion in December 2025, which is the highest level since February 2020, driven by an increase in net foreign assets in commercial banks to $12.2 billion in December 2025.
The statement added that the recovery in remittances from Egyptians abroad, which reached the highest level in Egypt’s history, the increase in tourism revenues, and the increase in direct and indirect foreign investments in Egyptian government debt instruments, were also reviewed, while net foreign assets at the Central Bank of Egypt recorded $15.1 billion in January 2026.
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