Egypt's foreign currency reserves dipped to the critically low level
of $13.6 billion at the end of January, the central bank said Tuesday, a
day after it took more steps to prop up its battered currency.
The number falls short of the $15 billion in foreign currency that the International Monetary Fund recommends countries maintain to cover imports for three months, adding to Egypt's economic desperation.
The most populous country in the Arab world is on the verge of a liquidity crisis, with
The number falls short of the $15 billion in foreign currency that the International Monetary Fund recommends countries maintain to cover imports for three months, adding to Egypt's economic desperation.
The most populous country in the Arab world is on the verge of a liquidity crisis, with
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