Egypt’s domestic liquidity hits EGP 3.64tn in January - CBE

Cairo – Mubasher: Egypt’s domestic liquidity rose slightly at the end of January to EGP 3.64 trillion, versus EGP 3.62 trillion in December 2018.

Year-on-year, domestic liquidity increased 12%, versus EGP 3.25 trillion in January 2018, data by the Central Bank of Egypt (CBE) showed on Sunday.

Foreign reserves of the most populous Arab state grew to $42.61 billion last January, according to the CBE.

The CBE previously stated that Egypt’s foreign reserves fell by $1.962 billion, or 4.4% month-on-month, in December to $42.55 billion.

Mubasher Contribution Time: 03-Mar-2019 13:01 (GMT)
Mubasher Last Update Time: 03-Mar-2019 13:28 (GMT)