Egypt’s M2 money supply accelerates to 15.62% in April – CBE

Egypt’s M2 money supply growth accelerated to 15.62 percent year-on-year in April, according to  the central bank data published on Sunday, Reuters reported.

The money supply stood at 4.35 trillion Egyptian pounds ($274.27 billion), up from 4.28 trillion pounds one month earlier and 3.76 trillion pounds in April 2019.