CAIRO, EGYPT / RankWire.AI / – At the close of August 2026, Egypt’s international reserves reached an all-time high of $57.2145 billion. The Central Bank of Egypt announced the preliminary figure on September 7. As of July’s end, reserves stood at $56.2939 billion, indicating an increase of approximately $920.6 million over August, equating to around 1.6%. This latest figure continues a pattern of consistent monthly growth in 2026 and elevates Egypt’s official foreign reserves beyond $57 billion for the first time.
Compared to August 2025, when reserves were $49.2507 billion, the August total marks an increase of $7.9638 billion, reflecting a year-on-year growth rate of approximately 16.2%. By December 2025, Egypt’s net international reserves stood at $51.4516 billion. Over the first eight months of 2026, reserves have grown by roughly $5.76 billion, or 11.2%. Official monthly figures reveal a continuous upward trend in reserve levels since January, with gains persisting through August.
The pace of reserve accumulation gained momentum during mid-2026. Reserves hit $53.1342 billion in May before climbing to $55.0723 billion in June. They then increased further, reaching $56.2939 billion in July and $57.2145 billion in August. The June rise was about $1.94 billion from May, July added roughly $1.22 billion, and August contributed approximately $920.6 million. Collectively, these three months added over $4 billion to Egypt’s foreign reserve holdings.
Foreign currency inflows remain at high levels
Remittances from Egyptians working abroad reached a record high during the fiscal year 2025/2026. According to the Central Bank of Egypt, inflows totaled approximately $47.3 billion for that period, representing a 29.6% increase from around $36.5 billion in the previous year. In June alone, remittances amounted to about $4.2 billion, which is 15.6% more than the roughly $3.6 billion recorded in June 2025, based on official figures published in August.
Egypt’s latest available balance of payments data covers the period from July to March of the fiscal year 2025/2026. During those nine months, the overall balance recorded a deficit of $1.8 billion, whereas the capital and financial account registered net inflows of $9.9 billion. The current account, on the other hand, posted a deficit of $14.6 billion. These figures serve as the most recent official snapshot of Egypt’s external accounts prior to the August update on international reserves.
Reserve levels hit new monthly highs consecutively
Throughout 2026, reserve figures have surpassed previous nominal highs on multiple occasions. Reserves were $52.5938 billion in January, rising to $52.7455 billion in February. In March, they reached $52.8306 billion, followed by $53.0092 billion in April and $53.1342 billion in May. The reserve total then crossed the $55 billion threshold in June, hit $56 billion in July, and broke the $57 billion mark in August. The August reserve figure remains provisional, consistent with the approach used in the latest monthly reserve releases.
Compared with the same period last year, Egypt’s August reserve level is nearly $8 billion higher. The country has now recorded three consecutive month-end totals exceeding $55 billion. July marked the first month above $56 billion, while August marked the first above $57 billion. Since December 2025, the reserve stock has grown by over 10%. The August data set a new record for Egypt’s net international reserves, while also confirming an uninterrupted monthly increase throughout 2026.