January 7, 2019 / 2:37 PM / 3 months ago

Egypt foreign reserves fall to $42.551 bln in December - central bank

CAIRO, Jan 7 (Reuters) - Egypt’s foreign currency reserves fell to $42.551 billion in December from $44.513 billion in November, the central bank said on Monday.

The reserves had been climbing since Egypt signed a $12 billion, three-year International Monetary Fund loan in November 2016 as part of efforts to attract foreign investors who fled during the 2011 uprising. (Reporting by Lena Masri; Editing by Toby Chopra)

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