CORRECTED-Egypt forex reserves drop slows to $636 mln in Feb

Patrick Werr

(Corrects in headline to $636 mln from $636 bln)

CAIRO, March 4 (Reuters) - Egypt's net foreign

reserves fell by $636 million in February, the central bank said

on its website on Sunday, marking a signicant slowdown from the

sharp decreases of the previous four months.

Reserves declined to $15.72 billion at the end of February

from $16.35 billion at the end of January.

Since October, reserves had been falling by close to $2

billion a month.

Following is a table of Egypt's net foreign reserves in

billions of U.S. dollars, according to the central bank's

website (

Feb Jan Feb

2012 2012 2011

15.72 16.35 33.21 (in $bln)

(Reporting by Patrick Werr)