Floating
Remittances from expatriate workers abroad increased to $8 billion from November 2016 till March 2017, Central Bank of Egypt (CBE) announced in a Tuesday statement.
Egyptian banks offered $21 billion from Nov. 3, 2016 through the end of February 2017, deputy governor of the Central Bank of Egypt (CBE) Tarek Fayed said in a Wednesday press statement.
Remittances from Egyptians abroad soared by 23 percent in January year-on-year, registering $1.6 billion.