Egypt’s domestic liquidity rises to EGP 3.466 trillion by end of July "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.
- Monday ,05 November GMT 16:10 2018 Central Bank of Egypt: Foreign reserves rise to USD 44.501 bln in Oct.
GMT 15:06 2018 Friday ,30 November
Egypt, World Bank seek cooperation in solid waste recyclingGMT 16:10 2018 Monday ,05 November
Central Bank of Egypt: Foreign reserves rise to USD 44.501 bln in Oct.GMT 13:21 2017 Thursday ,23 November
Dollar exchange rate slightly up at major Egyptian banksGMT 17:30 2017 Thursday ,10 August
Egypt's annual inflation rate recorded 35.26% in JulyGMT 08:06 2017 Saturday ,29 July
UAE orders banks to freeze accounts,Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read MoreGMT 07:18 2012 Monday ,30 April
Nimbus, Ten Sports in frame to broadcast Pakistan T20 league
GMT 19:33 2016 Sunday ,17 April
At least 12 killed in joint US-Afghan raid in eastern Afghanistan
GMT 20:21 2016 Tuesday ,14 June
QIA said to weigh loan of up to $2bn for Singapore TowerGMT 06:29 2011 Monday ,14 November
Matthew cruises to win at Ochoa Invitational
GMT 14:47 2018 Friday ,09 November
Along US border, a growing opposition to military deployment
GMT 03:34 2017 Wednesday ,22 March
Tillerson to skip NATO meeting next monthGMT 13:44 2013 Friday ,15 March
Israel suppress Palestinian demonstrations
GMT 16:15 2017 Monday ,01 May
Moroccan Workers’ Syndicate
GMT 11:56 2016 Wednesday ,12 October
Toyota, Suzuki eye partnership as industry consolidates
GMT 15:42 2011 Thursday ,23 June
Express checks in with foursquare
GMT 10:49 2017 Sunday ,13 August
Car rams into crowd at violent Virginia rally
GMT 17:45 2013 Sunday ,20 October
5 Indian spices that are good for your healthGMT 23:34 2013 Wednesday ,29 May
Monitor, Red Pepper closures spark protests in UgandaGMT 08:41 2012 Saturday ,15 September
Italian magazine: will print Kate topless snapsGMT 08:02 2012 Tuesday ,05 June
Zoe Saldana in Prabal GurungGMT 06:11 2012 Saturday ,15 September
Tunisia’s Media Conflict: Journalists fight for freedom
GMT 23:47 2015 Friday ,21 August
Senior Muftis, scholars hail success of international Iftaa conference
GMT 14:35 2015 Friday ,24 July
Awqaf Minister hails New Suez Canal project
GMT 16:34 2017 Thursday ,28 December
Hitler's Nazi-parade Mercedes setGMT 11:22 2011 Monday ,10 October
Paul McCartney to play in Moscow in December
GMT 05:17 2015 Friday ,25 September
Pope expresses solidarity with Muslims after stampede
GMT 05:44 2012 Saturday ,21 April
ATV engine 95 HPGMT 03:01 2011 Monday ,19 September
Laughter, tears at US television\'s Emmy awardsGMT 12:04 2012 Wednesday ,07 March
6 Music animation draws on 10 years of eclectic radio
GMT 01:00 2015 Sunday ,05 April
Barzani congratulates Abadi on Tikrit victory
GMT 13:24 2015 Thursday ,15 October
Tesla installs 'autopilot' updateGMT 06:17 2012 Monday ,02 January
Countries across the world celebrate the New Year
GMT 04:07 2016 Tuesday ,07 June
For new era of self-driving cars
GMT 08:21 2017 Saturday ,23 December
Saudi-Sudanese Deal to Ease Transfers
GMT 11:08 2017 Thursday ,21 December
Asian markets mostly down as tax cut euphoria wanes
GMT 13:47 2017 Monday ,08 May
Menna Shalaby does not imitate Turkish actresses
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 ©
Send your comments
Your comment as a visitor