Home MoneyBanks Egypt M2 Money Supply Rises 18.7 % in Year to September

Egypt M2 Money Supply Rises 18.7 % in Year to September

by Yomna Yasser

Egypt’s M2 money supply climbed by 18.7 percent in the year to the end of September, the country’s central bank (CBE) said on Thursday.

Money supply rose to 1.335 trillion Egyptian pounds ($193.81 billion) from 1.330 trillion at the end of August and 1.124 trillion at the end of September 2012.

Following is a table of the latest M2 figures in billions of Egyptian pounds, according to the central bank’s website:

(In bln pounds)  Domestic liquidity (M2)

Sept 2013

Aug 2013

Sept 2012

1,334.8

1,329.5

1,124.3

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