Egypt's foreign exchange reserves rose up to US$17.3 billion by the end of February, compared to $17.105 billion at the end of January 2013, the Central Bank of Egypt said on Tuesday.
Foreign reserves are secure and on the rise due to “revenue increases the country witnessed during the past period,” governor of the Central Bank of Egypt (CBE) Hisham Ramez said following a meeting with Prime Minister Ibrahim Mehleb.