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Egypt reserves slip $135m in September

Arab World Materials 8 October 2012 15:43 (UTC +04:00)
Egypt reserves slip $135m in September
Egypt reserves slip $135m in September

Egypt's net international reserves dropped by $135 million in September to reach a total of $15.04 billion, the Central Bank of Egypt (CBE) announced on Monday Al Ahram online reported.

In August, reserves gained $727 million, mainly driven by the receipt of the first tranche - worth $500 million - of a promised $2 billion deposit from Qatar.

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