Egypt’s M2 money supply up 27.1% year-on-year in December – central bank

Egypt’s M2 money supply up 27.1% year-on-year in December – central bank

CAIRO - Egypt's M2 money supply rose by 27.1% year-on-year in December, central bank data showed on Tuesday.

Money supply stood at 7.40 trillion Egyptian pounds ($245.60 billion), up from 5.82 trillion pounds in the same month last year. ($1 = 30.1300 Egyptian pounds)

(Reporting by Alaa Swilam; Editing by Andrew Heavens)

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