Net international reserves reported by the Central Bank of Egypt rise for the third straight month: Foreign reserves at the Central Bank of Egypt rose to USD 17.5 bn in May, according to a notice from the CBE, up from USD 17.0 bn at the end of April and USD 16.6 bn at the end of March. Reserves grew USD 509 mn during the month, up from USD 17 bn in April, AMAY reports.
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