October 31, 2019 / 4:44 PM / 20 days ago

Egypt's M2 money supply up 13% year-on-year in September - central bank

CAIRO, Oct 31 (Reuters) - Egypt’s M2 money supply growth accelerated to 13.03% year-on-year in September from 11.78% in August, data from the central bank showed on Thursday.

The money supply stood at 4.01 trillion Egyptian pounds ($249.22 billion) as of the end of September from 3.93 trillion Egyptian pounds at the end of August. ($1 = 16.0900 Egyptian pounds) (Reporting by Yousef Saba)

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