Egypt’s banking sector saw a significant increase in local liquidity, rising to EGP 11.34trn in November 2024, a boost of EGP 2.46trn from the EGP 8.88trn recorded in December 2023. The Central Bank of Egypt (CBE) reported that the money supply reached EGP 2.775trn in November 2024, up from EGP 2.370trn in 2023. Cash in […]

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