Egypt’s M2 money supply was up 39.4% at the end of June from a year earlier, Reuters reports.
In a statement, the Central Bank of Egypt says that money supply stood at EGP 2.92 tr, according to the same news agency.
Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.
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