The allocation of these holdings is determined based on exchange rate movements and the stability of each currency in global markets, in line with a strategy set by the Central Bank of Egypt.
Egypt’s net international reserves increased to $53.01 billion at the end of April 2026, up from $52.83 billion recorded at the end of March, according to data released on Wednesday by the Central Bank of Egypt.
Egypt’s foreign currency reserves consist of a basket of major international currencies, including the US dollar, euro, British pound, Japanese yen, and Chinese yuan.
The allocation of these holdings is determined based on exchange rate movements and the stability of each currency in global markets, in line with a strategy set by the Central Bank of Egypt.
The primary role of foreign reserves, which consist of gold and various international currencies, is to secure essential imports, service external debt obligations, and respond to economic shocks during exceptional circumstances.
While foreign currency inflows from key sectors such as exports, tourism, and investments may be affected during periods of global or regional disruptions, other sources, particularly remittances from Egyptians abroad, which have reached record levels, along with stable revenues from the Suez Canal, continue to provide important support to the country’s reserve position in certain months.
