Egypt fiscal Q1 BoP surplus rises to $2.05 bln: c.bank

CAIRO (Reuters) - Egypt's balance of payments (BoP) surplus rose to $2.05 billion in the first quarter of this fiscal year from $459 billion a year ago, the central bank said in a statement received by Reuters on Wednesday.

An allocation of special drawing rights of about $1.2 billion from the International Monetary Fund boosted the figure for the quarter ending September 30.

Egypt's economy was hurt by a decline in Suez Canal revenue, foreign investment and tourism receipts after the global financial crisis began last year.