Cairo – Mubasher: Egypt’s domestic liquidity rose slightly last December to EGP 3.62 trillion, versus EGP 3.58 trillion in November 2018.
Year-on-year, domestic liquidity increased 13%, versus EGP 3.2 trillion in December 2017, data by the Central Bank of Egypt (CBE) showed on Sunday.
The CBE stated that Egypt’s foreign reserves fell by $1.962 billion, or 4.4% month-on-month, in December.
The North African country’s net foreign reserves recorded $42.55 billion at the end of December, versus $44.51 billion in November, the CBE posted on its official website.
