Egypt's M2 money supply up 21.36% in April

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Thu, 31 May 2018 - 12:36 GMT

BY

Thu, 31 May 2018 - 12:36 GMT

Egyptian currency - Reuters

Egyptian currency - Reuters

CAIRO - 31 May 2018: Egypt’s M2 money supply grew by 21.36 percent year-on-year in April, central bank data showed on Thursday.

M2 had grown by 21.85 percent the previous month.

The money supply at the end of April stood at LE 3.38 trillion ($189.36 billion).

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