December 31, 2019 / 2:18 PM / 23 days ago

Egypt's M2 money supply up 13.16% year-on-year in November: central bank

CAIRO (Reuters) - Egypt’s M2 money supply growth was up 13.16% year-on-year in November, data from the central bank showed on Tuesday.

The money supply stood at 4.05 trillion Egyptian pounds ($253.13 billion) as of the end of November compared to 4.02 trillion Egyptian pounds at the end of October.

($1 = 16.0000 Egyptian pounds)

Reporting by Mahmoud Mourad; Editing by Kevin Liffey

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