Egypt’s M2 money supply rose 29.54% year on year in October, central bank says

CAIRO, Nov 29 (Reuters) – Egypt’s M2 money supply rose by 29.54% year-on-year in October, central bank data showed.

Money supply stood at 11.24 trillion Egyptian pounds ($226.89 billion), up from 8.68 trillion pounds ($175.21 billion) in the same month last year. ($1 = 49.5400 Egyptian pounds) (Reporting by Yomna Ehab and Enas Alashray Editing by Chris Reese)

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