Egypt's M2 money supply hikes 14.04% in November - CBE

Cairo – Mubasher: Egypt’s M2 money supply rose 14.04% year-on-year in November 2018, data by the Central Bank of Egypt showed.

The money supply reached EGP 3.58 trillion ($200 billion) at the end of November, Reuters reported.

It is worth noting that M2 increased by 15.4% in October.

The CBE previously reported that Egypt's foreign reserves rose to $44.51 billion by the end of November.

Mubasher Contribution Time: 02-Jan-2019 08:21 (GMT)
Mubasher Last Update Time: 02-Jan-2019 08:27 (GMT)