Britain set to use new powers to impose sanctions over rights    Australia to shut state border as Melbourne infections surge    China begins pulling back troops near site of India border clash, Indian sources say    PMI: Egypt's non-oil private sector activity at its slowest rate in Jun    Messi will finish career at Barcelona, says club president    Liverpool not focused on records, says coach Klopp    Guardiola at a loss to explain Manchester City defeats    Egypt's Alexandria Company for Pharmaceuticals to launch new lines of disinfectants    Africa starts opening airspace even as COVID-19 cases climb    India overtakes Russia, now 3rd in virus cases    Israel announces successful launch of new spy satellite    Egypt receives first $2 billion tranche of IMF standby loan: minister    Egypt registers 1,218 new coronavirus cases, 63 fatalities on Sunday    Egypt sees highest daily COVID-19 recoveries, fewer infections, deaths    Retired military personnel shall require SCAF approval to practice politics    Egypt's Sisi revises western border security plans    Unidentified jets strike Al-Watiya airbase in western Libya    Egypt likely to see birth drop following COVID-19 pandemic    New leaders of Egypt's media authorities sworn in before parliament    No consensus yet in Ethiopia's disputed dam ‘separate talks'    Egypt is attractive destination for portfolio investment: Citigroup    Citigroup continues investments in EMEA region's treasury, trade solutions    Canada should focus on boosting the economy even as debt climbs -analysts    Upcoming significant pickup mergers, acquisitions likely due to COVID-19    Sexual abuse in Egypt: social media lead the fight against repulsive phenomenon    Egypt's Court of Cassation upholds prison sentences for 56 convicted in 2013 Nahda dispersal case    Trump repeats vow to defeat 'radical left' in 4 July speech    TikTok distances from Beijing in responce to India app ban    Iconic actress Ragaa El-Gedawy passes away at 81 from COVID-19    Egypt records 1,324 new coronavirus cases on Saturday – health ministry    Boris Johnson likely to start phasing out Huawei's 5G role soon    Egyptian veteran actress Ragaa El-Gedawy dies from coronavirus at 81    Egypt condemns Houthi attacks on Saudi territories    Egypt says no breakthrough reached on second day of AU-sponsored GERD talks    UAE adopts new government structure, full announcement to come on Sunday    Ministry of Culture announces schedule for resumed theatrical, musical activities    Egypt reopens 5 museums, 8 archaeological sites and operates 171 international, domestic flights    Rudolfo Anaya, 'godfather' of Chicano literature, dies at 82    Egypt's Zamalek to continue training Thursday, but domestic league participation unclear    Liverpool boss Klopp happy with African Nations Cup postponement    Egypt's cultural activities to resume mid-July    Federation of Egyptian Banks denies funding GERD: eletreby    Saudi development authority starts executing phase I of giant cultural project    11 coronavirus cases detected at Egyptian Premier League clubs – EFA    Egypt to host World Handball Championship on time despite COVID-19: EHF President    Liverpool's Egyptian winger Salah fit for Crystal Palace clash – coach Klopp    Egypt's parliament Oks amendments to House law amid differences over election    CAF draws timeline for resumed continental championships amid COVID-19    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Egypt's domestic liquidity rises to EGP 3.674 trillion by end of February: Central Bank
Published in Ahram Online on 21 - 05 - 2019

The Central Bank of Egypt (CBE) said in a report on Tuesday that Egypt's domestic liquidity increased by EGP 220.4 billion by the end of February to register EGP 3.674 trillion.
The report stated that the increase in domestic liquidity contributed to the growth of quasi-money that went up by EGP 200.4 billion at a rate of 7.6% and the rise in the money supply by EGP 20 billion, at a rate of 2.4%.
The surge in quasi-money came as a result of the rise in non-current deposits in local currency by EGP 169.6 billion, at an average of 8.8% and the increase in deposits in foreign currency by EGP 30.8 billion, at a rate of 4.3%, the report added.
The report attributed the increase in the money supply to the rise in current deposits in local currency by EGP 14.5 billion, at an average of 3.8%.
The CBE also announced an increase in bank deposits by around EGP 42 billion by the end of February to reach EGP 3.879 trillion compared to EGP 3.837 trillion in January.
The total governmental deposits at banks increased by EGP 6.9 billion, including 509.7 billion in local currency and around 121.3 billion in foreign currency, to reach 631.1 billion pounds, the CBE said in a report, a copy of which was obtained by MENA.
The total non-governmental deposits at banks until February hit EGP 3.247 trillion compared to EGP 3.213 trillion in January, the report added.
The total value of non-governmental deposits in foreign currency reached EGP 755.7 billion, while the non-governmental deposits in local currency stood at EGP 2.492 trillion in February, the report noted.


Clic here to read the story from its source.