March 29, 2018 / 12:28 PM / 25 days ago

Egypt's M2 money supply up 25.4 pct year-on year in Feb- c.bank

CAIRO, March 29 (Reuters) - Egypt’s M2 money supply growth accelerated in February to 25.4 percent year on year, central bank data showed on Thursday.

M2 had grown by 20.4 percent the previous month.

The money supply at the end of February stood at 3.295 trillion Egyptian pounds ($187.22 billion), the bank said.

$1 = 17.6000 Egyptian pounds Reporting by Nadine Awadalla; editing by John Stonestreet

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