Egypt's M2 money supply up 20.7% year-on-year in November: CBE

BY

Reuters

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Sun, 31 Dec 2017 - 01:51 GMT

BY

Reuters

Sun, 31 Dec 2017 - 01:51 GMT

People walk in front of the Central Bank of Egypt's headquarters at downtown Cairo, Egypt, November 3, 2016 - REUTERS/Mohamed Abd El Ghany

People walk in front of the Central Bank of Egypt's headquarters at downtown Cairo, Egypt, November 3, 2016 - REUTERS/Mohamed Abd El Ghany

CAIRO - 31 December 2017: Egypt’s M2 money supply was up 20.73 percent at the end of November from a year earlier, central bank data showed on Sunday.

The money supply stood at 3.14 trillion Egyptian pounds($177.40 billion), the bank said.

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