Egypt’s M2 Money Supply Surges 6.7%

By Administrator On Apr 30, 2012

Egypt’s M2 money supply rose 6.7 percent in the year to the end of March, the Central Bank of Egypt said on Monday.

Money supply was EGP 1,054.7 billion ($174.4 billion), up from EGP 1,050.1 billion at the end of February and EGP 988.1 billion at the end of March 2011, Reuters reported.

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