Money Supply Behavior in Egypt (2004-2019)

This study aims to investigate whether money supply behaviour in Egypt is exogenously or endogenously determined using data from 2004 2019. It identify the determinants of and most important tools used by central bank manage it. The employs Johansen-Juselius test (1990) examine long-run error correction model short-run determinants. We conclude that real GDP, discount rate, budget deficit, net foreign assets have significant long-term effects on supply, whereas exchange rate domestic no effects. recommend higher degrees cooperation between Central Bank institutions responsible for formulation financial commercial policies. we also continue monitoring strengthen its supervisory activities banking institutions.