Egypt’s M2 money supply up 18.49% in June: CBE

Egypt’s M2 money supply grew 18.49 percent year-on year in June, data from the central bank (CBE) showed on Tuesday.

M2 increased by 19.31 percent in May.

The money supply at the end of June stood at 3.45 trillion Egyptian pounds ($193.49 billion). (US$1 = 17.8300 Egyptian pounds)

Source: Reuters