Home MoneyBanks Egypt’s M2 money supply 11.85% up y-o-y in June

Egypt’s M2 money supply 11.85% up y-o-y in June

by Ahmed Ali
Egypt's central bank Egyptians central bank

Egypt’s M2 money supply surged 11.85 percent year-on-year in June, a central bank data showed on Wednesday.
The money supply stood at 3.864 trillion Egyptian pounds ($234 billion) at of the end of June, up from 3.797 trillion pounds a month earlier. M2 went up by 11.65 percent in May.

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