CBE: Domestic liquidity hits EGP1.627.5tr by end of January
Central Bank of Egypt
Cairo - MENA
The volume of domestic liquidity in Egypt’s market rose by EGP 110.9 billion or 7.3% to reach EGP 1.627.5 trillion in the period between July and January of the 2014-2015 fiscal year, the Central Bank of Egypt said.
In a report, the CBE said the nation’s monetary supply increased by EGP 27.7 billion or 19.9%, while the availability of quasi-money in Egypt’s market jumped by EGP 68.3 billion at a rate of 7.8%.
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