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Egypt’s current account deficit at $5.9 billion in July-Sept 2024, central bank says

By Thomson Reuters Jan 16, 2025 | 3:53 PM

CAIRO (Reuters) – Egypt’s current account deficit totaled $5.9 billion in July-September 2024, compared with $2.8 billion in the same quarter a year earlier, the central bank said on Thursday.

Suez Canal revenues plummeted by 61.2% to reach $931.2 million in July-September, from $2.4 billion in the same period a year earlier.

(Reporting by Yomna Ehab and Enas Alashray; Editing by Chris Reese)