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Egypt M2 Money Supply

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Egypt M2 Money Supply

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Latest Release
Nov 04, 2024
Actual
28.60%
Previous
28.69%
Monetary aggregates, known also as "money supply", is the quantity of currency available within the economy to purchase goods and services. Depending on the degree of liquidity chosen to define an asset as money, various monetary aggregates are distinguished: M0, M1, M2, M3, M4, etc. Not all of them are used by every country. Note that methodology of calculating money supply varies between countries. M2 is a monetary aggregate that includes all physical currency circulating in the economy (banknotes and coins), operational deposits in central bank, money in current accounts, saving accounts, money market deposits and small certificates of deposit. Excess money supply growth potentially can cause inflation and generate fears that the government may tighten money growth by allowing the interest rates to rise which in turn, lowers future prices.Money supply M2 represents total liquidity. It contains currency in circulation + time deposits + foreign currency denominated current deposits.
Importance:
Country:
Currency: EGP
Source: Central Bank of Egypt
Egypt M2 Money Supply
 
Release Date Time Actual Forecast Previous
Nov 04, 2024 (Sep) 09:30 28.60%   28.69%
Oct 01, 2024 (Aug) 08:50 28.69%   29.25%
Aug 29, 2024 (Jul) 06:00 29.25%   28.80%
Aug 01, 2024 (Jun) 06:30 28.80%   27.17%
Jun 27, 2024 (Mar) 10:00 27.17%   16.64%
May 30, 2024 (Mar) 08:00 25.13%   16.64%

M2 Money Supply (YoY) Discussion

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All Comments (1)
layal Mansour Ichrakieh
layal Mansour Ichrakieh Jan 11, 2023 2:51AM ET
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how is M2 in percentage %? based on the formula and definition written up, it is currency in circulation + time deposits + foreign currency denominated current deposits. so the % is for what???  thank you for your reply
Mohamed Khalifa
_Khalifa_ Jan 11, 2023 2:51AM ET
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it's the change in M2 in a certain month compared to the same month in the preceding year.
 
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