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Egyptian expat remittances increase to $4.4 bln: CBE | |
2019-11-05 | |
The CBE previously announced that remittances from Egyptians expatriates had increased by 15 percent in May 2019 compared to the same period in 2018, recording $3 billion up from $2.6 billion in May 2018. Egypt’s remittances notably jumped after about a year since the flotation of the Egyptian pound, which was implemented in November 2016, rising by 18.4 percent, recording $26.4 billion. | |
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