# Egypt’s Net FX Reserves Hit Record $57.500 Billion at End-October: CBE

> Egypt's net foreign-exchange reserves reached a record approximately $57.500 billion at the end of October, according to provisional central-bank data. Reserves rose by $152 million, or 0.27%, from the previous month.

- Date: 2026-11-05 · published 2026-11-06T03:13:07.910Z
- Category: report · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/83302-egypt-s-net-fx-reserves-hit-record-57-500-billion-at-end-october-cbe
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

Higher reserves can strengthen confidence in Egypt's ability to meet foreign-currency needs and support the pound, potentially reducing local import costs. The implication for USD/EGP is bearish, though the monthly increase was modest.

## Read by commodity

- USDEGP: bearish ▼

## Sources

- en.amwalalghad.com: https://en.amwalalghad.com/egypts-net-fx-reserves-hit-record-57-500-bln-at-end-october-cbe/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.