Egypt’s Net International Reserves Rise to $48.7 Billion by June 2025

Egypt's net international reserves rose to $48.7 billion in June 2025, marking a steady increase from $48.526 billion in May and reflecting ongoing resilience in the country's external financial position. The foreign currency component of these reserves reached $35.076 billion, supported by a diversified basket of major global currencies including the US dollar, euro, and Chinese yuan. Net foreign assets (NFA) of Egypt's banking sector, comprising the Central Bank and commercial banks, jumped to $14.7 billion in May 2025, up from $13.6 billion the previous month, driven mainly by a surge in commercial banks' NFAs to $4.8 billion—the highest since February 2021. This growth coincided with a historic 77.1% increase in remittance inflows from Egyptians abroad, totaling approximately $29.4 billion over ten months in fiscal year 2024/2025. These developments collectively bolster Egypt’s ability to meet external debt obligations, maintain currency stability, and support economic stability amid global uncertainties.