Egypt’s Banking Sector Sees Notable Improvement in Net Foreign Asset Position in March
Egypt’s banking sector recorded a significant improvement in its net foreign asset (NFA) position, which widened by USD 4.86 billion month-on-month to reach USD 15.0 billion in March, up from USD 10.2 billion in February. This marks a strong reversal from a net foreign liability (NFL) position of USD 4.19 billion recorded in the same […]