Egypt’s M2 money supply growth slows to 11.38% in March: CBE

Egypt’s M2 money supply growth decelerated slightly to 11.38 percent year-on-year in March, the central bank data showed on Tuesday.

The money supply stood at 3.72 trillion Egyptian pounds at end-March, up from 3.67 trillion pounds a month earlier. M2 grew by 11.53 percent year-on-year in February, central bank data showed.

Source: Reuters