egypt’s domestic liquidity rises to egp 3466 trillion cbe
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Egypt’s domestic liquidity rises to EGP 3.466 trillion "CBE"

Arab Today, arab today

Arab Today, arab today Egypt’s domestic liquidity rises to EGP 3.466 trillion "CBE"

The Central Bank of Egypt (CBE).
Cairo - MENA

 The Central Bank of Egypt (CBE) said in a report on Monday that Egypt's domestic liquidity increased by EGP 9.1 billion to register EGP 3.466 trillion, at a rate of 0.3 percent, 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 a rate of 0.7 percent, and the decline in the money supply by EGP 8.9 billion at a rate of 1 percent.

Quasi-money (Near Money) is a term used in economics to describe highly liquid assets which are not cash but can easily be converted into cash.

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 percent, and in deposits in foreign currency by EGP 8 billion at a rate 0.8 percent, 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 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

egypt’s domestic liquidity rises to egp 3466 trillion cbe egypt’s domestic liquidity rises to egp 3466 trillion cbe

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

egypt’s domestic liquidity rises to egp 3466 trillion cbe egypt’s domestic liquidity rises to egp 3466 trillion cbe

 



GMT 10:59 2018 Friday ,07 December

Houthi militia shell commercial center in Hodeidah

GMT 21:12 2017 Sunday ,10 December

UAE, Sri Lanka advancing bilateral relations

GMT 19:21 2017 Wednesday ,08 November

Iqbal Day marked in Paris

GMT 18:14 2017 Wednesday ,31 May

A handbag? For $380k, it's yours

GMT 21:17 2017 Saturday ,21 October

EU summit to throw Britain a Brexit bone

GMT 15:45 2017 Friday ,04 August

Yemeni army liberated more areas in Shabwa

GMT 20:23 2017 Thursday ,14 September

Paul Auster tops shortlist for Man Booker prize

GMT 09:55 2017 Tuesday ,14 November

Horford leads way as Celtics win 12th straight

GMT 20:04 2018 Sunday ,02 September

Drive to teach food safety to housewives

GMT 08:54 2014 Monday ,17 November

German artist hits back at Bayreuth Festival

GMT 13:15 2018 Wednesday ,17 January

Bassil welcomes Ambassadors of Iraq, Hungary

GMT 01:05 2017 Thursday ,23 March

Strawberry prices fall to Dh10 a kilogram

GMT 08:33 2017 Tuesday ,14 February

Asian markets dip, dollar hit by Flynn resignation

GMT 15:53 2017 Wednesday ,23 August

Six dead as typhoon smashes into Macau and Hong Kong

GMT 19:43 2017 Sunday ,05 March

FNC Speaker, Irish official discuss cooperation

GMT 13:01 2017 Friday ,10 March

Hohns named as Australia chief cricket selector
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday