Central Bank of Egypt: The Money Supply in Egypt Increased by 11.85% in June



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The headquarters of the central bank of Egypt in a copy of the Reuters archive

The money supply of Egypt (M2) rose 11.85% in June compared with the previous year, according to data released Wednesday by the Egyptian central bank.

The money supply was 3,764 billion Egyptian pounds ($ 234 billion) at the end of June, up from 3,797 billion pounds a month earlier. Money supply rose 11.65% in May.

Eman Rushdi's press release for the Arab Newsletter – edited by Abdel Moneim Darar

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