Egypt’s Foreign Reserves Rise to $56.3 Billion in July
- By Tahani Elghazaly
- Published
Egypt’s net international reserves rose to approximately US$56.294 billion at the end of July 2026, up from about US$55.072 billion at the end of June.
The Central Bank of Egypt described the July figure as provisional. Its brief announcement did not provide details on the sources of the increase or changes in the composition of the reserves during the month.
Foreign reserves are an important measure of the country’s ability to finance imports and meet external obligations. They also provide the central bank with a buffer when responding to pressures in the foreign-exchange market.
However, a higher reserve balance alone does not establish that currency or external-debt pressures have ended. A broader assessment would require information about the sources and sustainability of foreign-currency inflows and the obligations falling due in the coming period.
The new increase followed a reserve level of US$55.072 billion at the end of June, indicating that the official balance continued to rise, according to data published by the central bank.
More detailed figures will be needed to determine how much of the increase came from sustainable sources, including exports, tourism, remittances and investment, and how much may be linked to financing flows or new external liabilities.
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