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Markets

Egypt money supply rises 8pc in year to July

Published Updated

eygptCAIRO: Egypt's M2 money supply rose 8 percent in the year to the end of July, the central bank said on Thursday.

Money supply was 1,101.9 billion Egyptian pounds ($180.8 billion) at the end of July, up from 1,094.4 billion pounds at the end of June and 1,018.9 billion pounds at the end of July 2011.

Copyright Reuters, 2012

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