"The foreign currency reserves at the Central Bank of Egypt reached 34.6 billion dollars in June 2008, registering an increase of 21 percent compared to the same month last year," according to the monthly report released Tuesday 29/7/2008 by the Information and Decision Support Center . The annual rate of inflation rose in June, reaching 20.2 percent compared to 8.6 percent in June 2007, the report said.
The inflation rate was 19.7 percent in May 2008, the report said.
Source: Egypt Estate Of Information
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