The Central Bank of Egypt (CBE) announced that the country’s net foreign reserves increased to $52.8 billion at the end of March 2026.

Egypt’s foreign reserves are composed of a basket of major international currencies, including the U.S. dollar, the euro, the British pound sterling, the Japanese yen, and the Chinese yuan.

The allocation of these currencies is determined based on exchange rate movements and their stability in global markets, and is adjusted periodically according to a strategy set by Central Bank officials.

The primary role of foreign reserves, which consist of gold and various international currencies, is to secure essential imports, service external debt obligations, and respond to economic shocks during exceptional circumstances.

While foreign currency inflows from key sectors such as exports, tourism, and investments may be affected during periods of global or regional disruptions, other sources, particularly remittances from Egyptians abroad, which have reached record levels, along with stable revenues from the Suez Canal, continue to provide important support to the country’s reserve position in certain months.