Arab Finance: Egypt's net foreign assets (NFAs) hit a negative EGP 812.408 billion in July, compared to a negative EGP 837.329 billion at the end of June, data from the Central Bank of Egypt (CBE) revealed.
The data also showed that foreign assets with the CBE amounted to EGP 1.047 trillion at the end of July, and the foreign assets with banks stood at EGP 428.290 billion.
Meanwhile, foreign liabilities with the CBE and banks totaled EGP 2.287 trillion end-July.