Egypt's foreign currency reserves rose slightly by about US$8 million to $16.423 billion at the end of November from $16.415 billion the previous month, the central bank said on Thursday.
The statistics were released a day after Egypt's new central bank governor Tarek Amer met the president and told him that foreign reserves were stable and would improve.
Egypt's foreign reserves stood at about $36 billion before the 2011 revolt but have dwindled since the uprising scared off tourists and foreign investors — key sources of foreign exchange.
Bankers had been watching out for a dip in reserves after the central bank pumped additional dollar liquidity into the banking sector in recent weeks to ease a forex crisis.
