Cairo: Egypt’s net international reserves (NIRs) climbed to $47.757 billion by the end of March 2025, marking a $364 million increase from February’s figure of $47.393 billion, according to the latest report by the Central Bank of Egypt (CBE).

According to State Information Service Egypt, the reserves have been steadily rising over recent months. In January, they stood at $47.26 billion, while in December 2024, they reached a then-record high of $47.1 billion, up by $157 million from November’s $46.95 billion. October’s reserves were recorded at $46.94 billion.

Egypt’s foreign reserves are composed of a diversified basket of key global currencies, including the US dollar, euro, British pound, Japanese yen, and Chinese yuan. The CBE allocates these holdings based on each currency’s exchange rate performance and relative stability in international markets, following a carefully crafted strategy.

In a related development, the European Parliament has recently approved the release of the second tranche of the EU’s macro-financial assistance to Egypt, amounting to pound 4 billion. This funding forms part of a broader pound 5 billion support package, of which pound 1 billion was already disbursed to the Egyptian government in late December 2024.