Egypt’s M2 money supply up 29% year on year in November, central bank data shows

Author Logo | Mon, 06 Jan 2025 19:36:32 GMT

CAIRO, Jan 6 (Reuters) – Egypt’s M2 money supply grew by 29% year on year in November, central bank data showed on Monday.

Money supply stood at 11.34 trillion Egyptian pounds ($224.11 billion), up from 8.78 trillion pounds in the corresponding month last year. (Reporting by Jaidaa Taha and Menna Alaa; Editing by Chris Reese)

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