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Foreign asset surplus in Egypt’s banking sector reaches $5.2bln in 2024

The Central Bank of Egypt reported that the net foreign assets of the Egyptian banking sector recorded a surplus of $5.224bn (EGP 265.898bn) in December 2024, down from $5.95bn (EGP 295.6bn) in November. According to the CBE’s latest report, total foreign assets in the banking sector, including both the central…

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