The Central Bank of Egypt announced that net foreign assets in the country’s banking sector increased to $22.903 billion in April 2026.
The Central Bank of Egypt reported the rise from $21.320 billion recorded in March. Total foreign assets reached EGP 5.049 trillion while liabilities stood at EGP 3.820 trillion. The US dollar exchange rate eased from EGP 54.6366 in March to EGP 53.6663 in April. Banking expert Shaimaa Wagih said the positive net foreign assets position signals the sector’s ability to meet foreign currency demand. Wagih added that the increase supports exchange rate stability and helps finance export projects. She described the improvement as the result of a longer-term strategy by the central bank.