Remittances from expatriate Egyptians up 24.4 percent year-on-year in September

 02 Nov 2017 - 20:12

Remittances from expatriate Egyptians up 24.4 percent year-on-year in September
A customer exchanges US dollars to Egyptian pounds in a foreign exchange office in central Cairo, Egypt, November 3, 2016 (Reuters / Mohamed Abd El Ghany)

Reuters

CAIRO:  Remittances from expatriate Egyptians rose by 24.4 percent year-on-year in September to $1.166 billion, the central bank said on Thursday.

Remittances have increased since Egypt floated its pound currency in November.

(Reporting by Arwa Gaballa and Ehab Farouk; editing by John Stonestreet)