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Egypt end-Nov money supply rises 13.3pc

Cairo, December 30, 2010

Egypt's M2 money supply rose 13.3 per cent in the year to end-November, the central bank said on Thursday.

Money supply was EGP 963.4 billion ($166 billion) at the end of November, up from EGP 850.54 billion a year earlier.

Money supply at the end of October 2010 was EGP 961.4 billion.-Reuters




Tags: banking | economy | finance | Egypt M2 money supply |

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