Egypt Zones accountACCOUNT

Egypt’s Domestic Liquidity Rises to EGP 3.466 Trillion by End of July

Source: www.export-egypt.com 10/1/2018, Location: Africa

Share |
The Central Bank of Egypt (CBE) said in a report that Egypt's domestic liquidity increased by EGP 9.1 billion to register EGP 3.466 trillion, at a rate of 0.3%, at the end of July.

The report stated that the increase in domestic liquidity was reflected in the growth of quasi-money that increased by EGP 18 billion at the rate of 0.7% and the decline in the money supply by EGP 8.9 billion, at a rate of 1%.

The increase in quasi-money came as a result of the rise in non-current deposits in local currency by EGP 10 billion, at a rate of 0.5% and in deposits in foreign currency by EGP 8 billion, at a rate 0.8%, the report added.

The report attributed the decrease in the money supply to the decline in current deposits in local currency by EGP 5.4 billion, at a rate of 1.4%.

Financials and Investment News in Egypt >>

Egypt >>  9/19/2024 - Egypt is having a special participation at the IFTM-Top Resa exhibition, which lasts until Sept.19 in Paris.

Egypt’s pavilion has more than...

Egypt >>  9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...

Egypt >>  9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
Egypt >>  9/18/2024 - Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.

E...


Egypt >>  9/18/2024 - The British company Globeleq is set to collaborate with the Egyptian government in establishing a substantial project for green hydrogen production, a...
Egypt >>  9/18/2024 - Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar asserted the importance of cooperating with South Africa in the field...




Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 |

More News

Oil & Gas Companies in Egypt >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.