Home MoneyBanks Egypt’s M2 Money Supply Climbs 17.7 % Y/Y End-Oct – C.Bank

Egypt’s M2 Money Supply Climbs 17.7 % Y/Y End-Oct – C.Bank

by Yomna Yasser

Egypt’s M2 money supply climbed by 17.7 percent in the year to the end of October, the central bank said on Thursday.

Money supply rose to 1.348 trillion Egyptian pounds ($195.72 billion) from 1.335 trillion at the end of September and 1.145 trillion at the end of October 2012.

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

(In bln pounds)

Domestic liquidity (M2)

Oct 2013

1,348.4

Sept 2013

1,334.8

Oct 2012

1,144.6

Source: Reuters

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