Egypt’s net foreign assets rose to a record $29.54 billion in January 2026, underscoring continued improvement in the country’s external position, according to data from the Central Bank of Egypt cited by Reuters.
Reuters reported that the January figure marked a monthly increase of approximately $4.02 billion, driven by stronger foreign currency inflows and an improved balance sheet position across the banking system. The rise reflects higher foreign assets held by commercial banks alongside a reduction in net foreign liabilities.
Remittances from Egyptians abroad played a significant role in supporting the country’s external buffers. According to the central bank data referenced by Financial Times, total remittance inflows for 2025 reached a record $41.5 billion, up sharply from about $29.6 billion in 2024, contributing to the strengthening of foreign exchange reserves and liquidity.
Egypt’s net foreign assets had fallen into negative territory in early 2022 amid pressures on the local currency but returned to positive levels in May 2024 following policy reforms and currency adjustments. The latest record level signals further consolidation of Egypt’s foreign exchange position as authorities continue efforts to stabilize the economy and reinforce external resilience.
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