Egypt records highest-ever cash reserves at the end of June

Egypt's foreign exchange reserve record reached its highest level in the country's history, totaling $55.072 billion by the end of June, reflecting a significant increase of $2 billion in just one month. Prime Minister Mustafa Madbouly announced that this improvement demonstrates Egypt's ongoing efforts to strengthen its national economy and financial stability through the implementation of economic reform programs and the enhancement of foreign currency sources. This comes within the framework of Egypt's endeavors to attract foreign investments and restore confidence in the Egyptian market.

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