Remittances from Egyptians working abroad rose to about $3 billion in May

Reuters
Remittances are a key source of foreign currency for Egypt. (File photo: Reuters)
  • Egypt received $2.6 billion in remittances in May 2018
  • Remittances are a key source of foreign currency for Egypt

CAIRO: Egypt received about $3 billion in remittances from Egyptians living abroad in May, up 43% from $2.1 billion in April, the central bank said on Monday.
Egypt received $2.6 billion in remittances in May 2018, the statement said. Remittances are a key source of foreign currency for Egypt.

Topics: Egypt Central Bank