Central Bank Governor Discusses Import Financing and Regulation with Bank Officials
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Foreign currency reserves in Egypt increase up to $49.036 billion
The Central Bank of Egypt announced an increase in the net foreign currency reserves to $49.036 billion by the end of July 2025, compared to approximately $48.700 billion at the end of June, with an increase of $336 million.
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Last Update: ،
2025/08/07
Time
12:52:03
Latest News:
Central Bank Governor Discusses Import Financing and Regulation with Bank Officials
Cabinet discusses economic, service developments
Yemeni Health Delegation Visits China to Enhance Cooperation in Healthcare
Info Minister Says Houthi Indoctrination Sparks Familial Murders in Yemen
FM: We highly appreciate Turkish support for Yemen
Latest News:
Central Bank Governor Discusses Import Financing and Regulation with Bank Officials
Cabinet discusses economic, service developments
Yemeni Health Delegation Visits China to Enhance Cooperation in Healthcare
Info Minister Says Houthi Indoctrination Sparks Familial Murders in Yemen
FM: We highly appreciate Turkish support for Yemen
South Korea records largest current account surplus in 32 months
[06/07/2024 06:43]
SEOUL-SAB
The Bank of Korea announced on Friday that South Korea has recorded the largest current account surplus in 32 months in May, driven by a sharp increase in the trade surplus and an increase in dividend payments.
The bank said in a statement released by the Korean news agency (Yonhap) that the country's current account surplus reached $8.92 billion in May, turning from a deficit of $290 million in April.
It attributed the May surplus to a sharp increase in the country's trade surplus and an increase in dividend payments from abroad.
The May figure was the largest since September 2021 when the surplus reached $9.51 billion.
The country's goods account posted a surplus of $8.75 billion in May, marking the 14th consecutive month of surplus.
The primary income account, which tracks wages of foreign workers and dividend payments from abroad and interest income, posted a surplus of $1.76 billion in May, after a deficit of $3.33 billion in April, according to the data.
The deficit in the services account narrowed to $1.29 billion in May, from a deficit of $1.66 billion in April.
The Bank of Korea announced on Friday that South Korea has recorded the largest current account surplus in 32 months in May, driven by a sharp increase in the trade surplus and an increase in dividend payments.
The bank said in a statement released by the Korean news agency (Yonhap) that the country's current account surplus reached $8.92 billion in May, turning from a deficit of $290 million in April.
It attributed the May surplus to a sharp increase in the country's trade surplus and an increase in dividend payments from abroad.
The May figure was the largest since September 2021 when the surplus reached $9.51 billion.
The country's goods account posted a surplus of $8.75 billion in May, marking the 14th consecutive month of surplus.
The primary income account, which tracks wages of foreign workers and dividend payments from abroad and interest income, posted a surplus of $1.76 billion in May, after a deficit of $3.33 billion in April, according to the data.
The deficit in the services account narrowed to $1.29 billion in May, from a deficit of $1.66 billion in April.
Key words:
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Foreign currency reserves in Egypt increase up to $49.036 billion
GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
Korea's exports shrinks 2.2 percent
Italian GDP rises 0.3 percent
China's Foreign Exchange Reserves Rise to $3.2853 Trillion in May
U.S. President plans to increase tariffs on steel, aluminum imports
Japan supports its small, medium enterprises with $15.5 billion to face U.S. tariffs
IsDB sings financing agreements worth over$1 billion
GDP grows 0.3 percent in Eurozone, EU in 1Q
