All about Foreign Currency Reserves
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News
5Cairo races against time to secure a $5.4 billion Saudi deposit
Egypt is seeking to finalize a $5.4 billion Saudi deposit agreement to boost its foreign exchange reserves. The efforts come amid economic pressures imposed by the escalating regional war.
Egypt's Foreign Exchange Reserves Hit Record High of $57.35 Billion
Egypt's net foreign exchange reserves reached approximately $57.35 billion by the end of September 2026, marking the highest level in its history and approaching $58 billion.
Saudi Foreign Reserves Drop 4% to 1.75 Trillion Riyals
Saudi Arabia's foreign reserve assets fell by about 81.1 billion riyals, or 4%, during September to 1.75 trillion riyals, according to Saudi Central Bank data.
Egypt Raises Its Reserves to $57.35 Billion as Gold's Share Drops to 30.4%
Egypt's net international reserves rose to $57.348 billion at the end of September from $57.214 billion at the end of August, while the share of gold dropped to 30.4% of the total.
Central Banks Buy Record 289 Tonnes of Gold in Second Quarter, Reports Show
Central banks worldwide recorded record gold purchases reaching 289 tonnes during the second quarter of 2026, according to reports, reinforcing the trend of strategic diversification away from the dollar.