Thndr Claps » EGY Claps » Economy 🏙 » FX Reserves declines again in June ↘️
The ClapThe FX reserve in Egypt has gone down to $33.4 billion in June from $35.5 billion in May.The DeetsThe FX reserve has declined for a number of reasons. One prominent reason is due to the war between Russia and Ukraine. In addition to that, many foreign investors have exited the Egyptian market due to the uncertainty in market conditions.
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