CAIRO, EGYPT / RankWire.AI / – Egypt’s net international reserves increased to an all-time high of $57.2145 billion at the close of August 2026. The Central Bank of Egypt announced this preliminary figure on September 7. At the end of July, reserves were recorded at $56.2939 billion, indicating a rise of approximately $920.6 million during August, which equates to about 1.6%. This latest figure marks a series of monthly increases in 2026 and pushes Egypt’s official foreign reserves above $57 billion for the first time in history.
Compared to August 2025, when reserves stood at $49.2507 billion, the August total represents an increase of $7.9638 billion, or roughly 16.2% year-over-year. Egypt’s reserves at the close of December 2025 were $51.4516 billion, meaning that during the first eight months of 2026, the reserves have grown by approximately $5.76 billion, or 11.2%. Official monthly data reveal a consistent upward trend in reserve levels since the beginning of the year, with gains sustained through August.
The pace of reserve growth accelerated mid-year, with net international reserves reaching $53.1342 billion in May before climbing to $55.0723 billion in June. From June to July, reserves increased to $56.2939 billion, and in August, they surged to $57.2145 billion. The increase from May to June was about $1.94 billion, followed by a $1.22 billion rise in July, and then approximately $920.6 million in August. Collectively, these three months contributed over $4 billion to Egypt’s foreign reserve holdings.
Foreign currency inflows stay strong
Remittances from Egyptians abroad reached a record high during the 2025/2026 fiscal year, with the Central Bank of Egypt reporting inflows of around $47.3 billion for that period. This marks an increase of 29.6% compared to approximately $36.5 billion in the prior fiscal year. In June alone, remittances were about $4.2 billion, which is 15.6% higher than the roughly $3.6 billion recorded in June 2025, according to official figures released in August.
Egypt’s most recent balance of payments data covers the period from July to March of the 2025/2026 fiscal year, showing a deficit of $1.8 billion over those nine months. During the same timeframe, the capital and financial account posted net inflows of $9.9 billion, whereas the current account registered a deficit of $14.6 billion. These figures provide the latest official snapshot of Egypt’s external financial position prior to the August reserves update.
Reserves reach multiple new monthly highs
Throughout 2026, Egypt’s reserve levels have set several new nominal records, with reserves totaling $52.5938 billion in January and increasing to $52.7455 billion in February. They further grew to $52.8306 billion in March, then to $53.0092 billion in April, and finally to $53.1342 billion in May. The reserves surpassed $55 billion in June, crossed the $56 billion threshold in July, and reached over $57 billion in August. The provisional August figure continues to follow the pattern of the latest monthly reserve releases.
Compared to its position a year earlier, Egypt’s August reserve level is nearly $8 billion higher. The country has now recorded three consecutive months where the reserve total exceeded $55 billion, with July being the first month above $56 billion, and August the first to surpass $57 billion. From December 2025, when reserves were $49.2507 billion, the stock has expanded by more than 11%. The August figure not only establishes a new peak for Egypt’s net international reserves but also sustains the uninterrupted monthly increase observed throughout 2026.