ICEC

Egypt M2 Money Supply Rises 19.2 % in Year to End-August

Egypt’s M2 money supply climbed by 19.2 percent in the year to the end of August, the central bank (CBE) said on Monday.

Money supply rose to 1.329 trillion Egyptian pounds ($192.8 billion) from 1.316 trillion at the end of July and 1.115.3 trillion at the end of August 2012.

Following is a table of the latest M2 figures in billions of Egyptian pounds, according to the central bank’s website :

(In bln pounds)

Domestic liquidity (M2)

 

Aug 2013

July 2013

Aug 2012

1,329.5

 

1,316.2

 

1,115.3

($1 = 6.8918 Egyptian pounds)

Source: Reuters

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