Egypt’s M2 money supply 11.85% up in June – c.bank

By Amwal Al Ghad English On Aug 1, 2019

Egypt's central bank Egyptians central bank — Egypt's central bank (CBE)

Egypt’s M2 money supply rose 11.85 percent year-on-year last June, data from the central bank showed on Wednesday.

The money supply rose to 3.864 trillion Egyptian pounds ($234 billion) at of the end of June from 3.797 trillion pounds during the same month in 2018. M2 surged 11.65 percent in May.

Source: Reuters

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