CAIRO, EGYPT / RankWire.AI / – The Central Bank of Egypt announced that Egypt’s net international reserves reached a historic high of $57.2145 billion at the close of August 2026. The provisional data was published on September 7, showing an increase from $56.2939 billion at the end of July. This indicates a rise of approximately $920.6 million during August, or about 1.6%. The latest figure continues a trend of monthly growth in 2026, pushing Egypt’s official foreign reserves above the $57 billion mark for the first time ever.
Compared to August 2025, the August total shows a growth of $7.9638 billion from the $49.2507 billion recorded a year earlier. This corresponds to an annual increase of roughly 16.2%. By the end of December 2025, Egypt’s net international reserves stood at $51.4516 billion. As a result, reserves have grown by about $5.76 billion, or 11.2%, over the first eight months of 2026. Official monthly data confirms that reserves have increased every month since January, with gains persisting through August.
The pace of reserve growth accelerated mid-year. Net international reserves hit $53.1342 billion in May, then rose to $55.0723 billion in June. Following that, reserves increased to $56.2939 billion in July and reached $57.2145 billion in August. The June increase was approximately $1.94 billion from May, July added about $1.22 billion, and August contributed roughly $920.6 million. These three months combined added over $4 billion to Egypt’s foreign reserve stockpile.
Foreign currency inflows stay high
Remittances sent by Egyptians working abroad also hit a record during the 2025/2026 fiscal year. The Central Bank of Egypt reported inflows of about $47.3 billion for that period, reflecting a 29.6% rise from approximately $36.5 billion in the previous year. In June, remittances totaled about $4.2 billion, which is 15.6% higher than the roughly $3.6 billion recorded in June 2025, according to official data released in August.
Egypt’s most recent balance of payments figures cover July through March of fiscal year 2025/2026. During these nine months, the overall balance recorded a deficit of $1.8 billion, while the capital and financial account saw net inflows of $9.9 billion. Meanwhile, the current account registered a deficit of $14.6 billion. These figures offer the latest official overview of Egypt’s external accounts prior to the August reserves update.
Reserves hit new monthly highs consecutively
Throughout 2026, Egypt’s reserve figures have set multiple new nominal records. Reserves reached $52.5938 billion in January, then increased to $52.7455 billion in February. In March, reserves stood at $52.8306 billion, followed by $53.0092 billion in April, and $53.1342 billion in May. The total surpassed $55 billion in June, crossed $56 billion in July, and reached over $57 billion in August. The August figure remains provisional, consistent with the approach used for the latest monthly reserve announcements.
Furthermore, Egypt’s reserve position in August is nearly $8 billion higher than its level a year earlier. The nation has now reported three consecutive month-end totals above $55 billion. July marked Egypt’s first monthly reserve exceeding $56 billion, with August achieving the first figure above $57 billion. Compared to December 2025, reserves have expanded by more than 10%. These August figures not only set a new peak for Egypt’s net international reserves but also sustain the continuous monthly growth observed throughout 2026.