FX.co ★ Egypt’s M2 Growth Cools in February, Signaling Gradual Monetary Tightening Impact

Egypt’s M2 money supply growth slowed in February 2026, suggesting that tighter financial conditions and policy measures are beginning to filter through the economy.

According to data updated on 2 April 2026, Egypt’s M2 money supply expanded 16.90% year-over-year in February, easing from 18.70% year-over-year in January 2026. Both figures compare each month’s performance with the same month a year earlier.

The deceleration in broad money growth may indicate a moderation in liquidity expansion across the banking system, a key metric closely watched by investors and policymakers for its implications on inflation dynamics, credit conditions, and overall economic momentum in Egypt.