Egypt Money Supply Rises 8 Pct In Yr To July

Egypt’s M2 money supply rose 8 percent in the year to the end of July, the central bank said on Thursday.

Money supply was 1,101.9 billion Egyptian pounds ($180.8 billion) at the end of July, up from 1,094.4 billion pounds at the end of June and 1,018.9 billion pounds at the end of July 2011.

Following is a table of the latest Egyptian M2 money supply figures in billions of Egyptian pounds, according to the central bank’s website (www.cbe.org.eg):

(In bln pounds)

July 2012 June 2012 July 2011 Domestic liquidity (M2) 1,101.9 1,094.4 1,018.9 ($1 = 6.0963 Egyptian pounds)

Reuters