Egypt

Central bank: Egypt’s foreign reserves fall to $15.29 bn

Egypt's foreign currency reserves fell to $15.29 billion at the end of March from $15.45 billion the previous month, the central bank said on Tuesday.

Foreign reserves fell sharply after the 2011 uprising that ousted President Hosni Mubarak, but they have risen again as Gulf Arab nations provided billions of dollars in aid since the Egyptian army overthrew elected Islamist President Mohamed Morsi in 2013.

Reserves stood at about $36 billion before the 2011 revolt. 

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