A historic level of international reserves at the Central Bank of Egypt at $52.6 billion

Net foreign assets at commercial banks increased to $12.2 billion in December. The Central Bank of Egypt announced an increase in net international reserves to $52.6 billion in January 2026, recording the highest historical level compared to $33.1 billion in August 2022, allowing the coverage of about 6.9 months of merchandise imports, exceeding international indicative levels. This came during a meeting between Egyptian President Abdel Fattah El-Sisi on Saturday with Hassan Abdullah, Governor of the Central Bank of Egypt, where the meeting discussed the developments and achievements of the banking sector and monetary policy during the year 2025. A statement from the Egyptian Presidency explained that the meeting witnessed a review of the rise in net foreign assets in the sector.