Egypt's M2 money supply up 19.17% year-on-year in August -central bank

The money supply stood at $297.90bln

  
Image used for illustrative purpose. A bank employee counts stacks of Egyptian 5 pound and 50 piastre notes as he works at Bank Misr in downtown Cairo, Egypt, June 8, 2016.

Image used for illustrative purpose. A bank employee counts stacks of Egyptian 5 pound and 50 piastre notes as he works at Bank Misr in downtown Cairo, Egypt, June 8, 2016.

REUTERS/Amr Abdallah Dalsh

CAIRO- Egypt's M2 money supply increased 19.17% year-on-year in August, data from the central bank showed on Wednesday.

The money supply stood at 4.68 trillion Egyptian pounds ($297.90 billion).

($1 = 15.7100 Egyptian pounds)

(Reporting by Nadine Awadalla and Patrick Werr Editing by Gareth Jones) ((Nadine.Awadalla@thomsonreuters.com;))

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