Liquidity
In its report released on Sunday, the CBE stated that the increase in domestic liquidity was reflected in the growth of quasi-money that went up by LE 338.9 billion at a rate of 8.3 percent and the rise in money supply by LE 127.1 billion at a rate of 10.1 percent.
The CBE stated that the increase in domestic liquidity was reflected in the growth of quasi-money that went up by LE 204.4 billion at a rate of 5 percent and the rise in money supply by LE 90.9 billion at a rate of 7.2 percent.
The fund also aims at the entry of new investors, in addition to increasing the solvency and financial capacity of current investors.
CBE attributed the rise in local liquidity to the increase of net local assets and the drop in foreign assets at the banking body.
The surge in quasi-money came as a result of the rise in non-current deposits in local currency by LE 287.8billion at an average of 12.9 percent.
CBE stated that the increase in domestic liquidity was reflected in the growth of quasi-money that went up by LE 202 billion at a rate of 6.9 percent and the rise in money supply by LE 44.9 billion at a rate of 4.9 percent.
The report stated that the increase in domestic liquidity was reflected in the growth of quasi-money that went up by LE 115.6 billion at a rate of 3.9 percent.
The report stated that the increase in domestic liquidity was reflected in the growth of quasi-money that went up by LE 228.4 billion.
The CBE’s data revealed that on a yearly basis, money supply hiked 13.6 percent, compared to LE 738.45 billion in September 2017.
The Central Bank of Egypt (CBE) announced Sunday that total deposits at the banking sector rose by LE 52 billion in February
The assets allocated 8.24 percent of total deposits in the banking system in all currencies, which amounted to LE 2.49 trillion.
Egypt Today explains in a snapshot what is the Required Reserve Ratio and what it is used for.
The monetary supply leveled up to LE 631 billion in March 2017 compared to LE 529.8 billion in the same period of the previous year.
The volume of market liquidity recorded LE 2.7 trillion at the end of April 2017.
Egyptian Exchange's indices saw a mixed performance week that ended July 27. Turnover lost LE 1.3 billion ($72.7 million) to register LE 3.2 billion.
Bank ABC total assets stood at $29.2 billion at the end of H1 of 2017, compared to $30.1 billion in the same period of the previous year.
Egyptian Exchange's indices saw negative week ended July 20, however, turnover gained LE 4.8 billion, registering LE 5.4 billion .
Pharos holding concluded that four companies will be excluded after EGX reviewed the stocks listed on EGX30 on the period from February to August on a certain criteria.
Al Ezz Steel Company’s sales hiked 63 percent to LE 8 billion in the first quarter of 2017 compared to LE 4.9 billion in a year-ago period, a Tuesday statement.
Qatar dispute led to outflows of external funding, which Moody’s expects will reduce banking liquidity
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