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Egypt's local liquidity rises to EGP 5.57trn at end-September

Egypt's local liquidity rises to EGP 5.57trn at end-September
The money supply registered EGP 1.330 trillion

Cairo – Mubasher: Total domestic liquidity held by the Egyptian banking sector rose by EGP 86.2 billion to EGP 5.575 trillion at the end of September, compared to EGP 5.489 trillion a month earlier, the Middle East News Agency (MENA) reported on Monday, citing official data. 

The money supply registered EGP 1.330 trillion at the end of September, up by EGP 22.9 billion from EGP 1.307 trillion at the end of August, a report by the Central Bank of Egypt (CBE) showed. 

Local-currency deposits, excluding governmental deposits, increased by EGP 85.7 billion month-on-month (MoM) to EGP 4.239 trillion from EGP 4.153 trillion.