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Egypt M2 money supply rises 19.2 pct in year to end-August

Ahram Online, Monday 30 Sep 2013

Egypt's M2 money supply jumps by 19.2 percent year-on-year in August, up to LE1.329 trillion

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Traders work at the Egyptian stock exchange in Cairo (Photo: Reuters)

Egypt's M2 money supply climbed by 19.2 percent in the year to the end of August, the central bank said on Monday.

Money supply rose to 1.329 trillion Egyptian pounds ($129.8 billion), from 1.316 trillion at the end of July and 1.115 trillion at the end of August 2012.

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