\u062f\u0628\u064a \u2013 The Central Bank of Egypt has reported a substantial increase in total foreign currency deposits held by commercial banks within the country, marking a notable shift in liquidity trends for the second quarter of 2026. According to official statistics released recently, the aggregate value of these deposits climbed to approximately 3.425 trillion Egyptian pounds by the end of July.<\/p>\n
This figure represents a clear upward trajectory when compared to the previous month\u2019s data. At the close of June 2026, the total stood at roughly 3.264 trillion pounds. The growth indicates a strengthening confidence among depositors and institutions in holding assets denominated in foreign currencies, potentially reflecting broader economic adjustments or hedging strategies against local currency fluctuations during this period.<\/p>\n
A closer examination of the breakdown reveals that demand deposits also experienced an increase over the same timeframe. These liquid assets rose to 868.148 billion pounds by the end of July, up from 827.608 billion pounds recorded in June. This segment is critical for daily operational liquidity across various economic sectors.<\/p>\n
The distribution of these demand deposits highlights distinct contributions from different parts of the economy. The public sector accounted for approximately 44.870 billion pounds of this total. Meanwhile, the private business sector held a significantly larger share, recording nearly 572.760 billion pounds. The household sector contributed the remainder, with holdings amounting to about 250.610 billion pounds.<\/p>\n
In addition to demand deposits, fixed-term deposits and savings certificates denominated in foreign currencies also saw growth. The central bank clarified that these instruments reached a total value of 2.557 trillion pounds by the end of July. This is an increase from the 2.436 trillion pounds observed at the end of June, suggesting a preference for longer-term storage of foreign currency wealth.<\/p>\n
The allocation of these time deposits further illustrates the behavior of major economic actors. The public sector maintained a position worth approximately 186.252 billion pounds. The private sector\u2019s portion was recorded at around 576.067 billion pounds. Notably, the household sector dominated this category, holding a massive stake of 1.794 trillion pounds, which underscores the strong inclination of families to save in stable foreign currencies.<\/p>\n
This story was produced in the newsroom from the disclosed sources named above.<\/em><\/p>\n