Wed 04/June/2025 – 06:14 PM
The central bank announced the high volume of local liquidity with the banking system to record about 12.684 trillion pounds at the end of April 2025, compared to 12,566 trillion pounds at the end of March of the same year.
The size of the cash supply
According to a recent report issued by the Central Bank, the cash supply volume recorded 3.170 trillion pounds at the end of April 2025, compared to 3.209 trillion pounds at the end of March, while the cash circulating outside the banking system recorded 1.292 trillion pounds at the end of April compared to 1.296 trillion pounds at the end of March.
He explained that the deposits of demands in the local currency with banks recorded 1.878 trillion pounds, compared to 1.912 trillion pounds at the end of March 2025.
A historical leap in the remittances of Egyptians abroad within 9 months
The Central Bank said that the remittances of Egyptians working abroad continued its upward path, recorded an unprecedented historical leap during the period from July to March 2024-25, as it increased by 82.7% on an annual basis to reach 26.4 billion dollars compared to about 14.4 billion dollars.
He explained that the period from January to March 2024-25 witnessed an increase of 86.6% on an annual basis to reach 9.4 billion dollars compared to about 5.0 billion dollars.
On the monthly level, the remittances of the month of March 2025 increased by 63.7% on an annual basis to reach about $ 3.4 billion, compared to $ 2.1 billion.
