Cairo, May 7 (Xinhua-ANI): Egypt's foreign reserves climbed to 15. 21 billion U.S. dollars at the end of April, versus 15.1 billion U. S. dollars at the end of March, recording an increase by almost 100 million dollars, state-run newspaper al-Ahram reported Monday.
The increase is considered the first one since the mass protest which blew up in Jan 2011, as Egypt lost 21.6 billion dollars since then.
"The slight increase in Egypt's foreign reserves in April was driven by temporary inflows and is probably not enough to sustain growth", Ahram online said quoting a prominent economist.
On the other hand, the stock exchange indexes climbed Sunday to make 2.9 million Egyptian pounds profits, surpassing Wednesday riots incidents of Abbasiya. (Xinhua-ANI)
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