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American dollar notes are displayed in this photo illustration in Johannesburg August 13, 2014. REUTERS/Siphiwe Sibeko
CAIRO, May 6 (Aswat Masriya) - Egypt's net international reserves jumped to $20.525 billion at the end of April, an increase by $5.234 billion from last month, the central bank said.
Egypt received deposits worth a total of $6 billion on April 22 from three Gulf nations; Saudi Arabia, the United Arab Emirates and Kuwait.
The state's net foreign currency reserves at the end of March stood at $15.291 billion.
Central Bank Governor Hisham Ramez had expected in April Egypt's foreign reserves to rise to over $20 billion after the recent Gulf deposits.
Egypt's economy has been hit hard by the political turmoil which gripped the country since a popular uprising toppled former President Hosni Mubarak in January 2011.
The political situation has taken its toll on the foreign reserves, which stood at almost $36 billion before 2011.
During a major economic conference Egypt hosted in March, $12.5 billion in assistance and investments were pledged by Gulf states of Saudi Arabia, Kuwait, the United Arab Emirates and Oman.