Domestic liquidity in Egypt increases 14.4% in 8M on money supply, deposits

The Central Bank of Egypt (CBE) reported that the domestic liquidity in the Egyptian banking sector grew by 14.4% in the first eight months of 2023, reaching EGP 8.468trn by the end of August. This was mainly driven by the increase in the money supply, which consists of cash in circulation outside the banking system […]