Egypt releases first Polymer banknotes  ...Egypt

The Central Bank of Egypt has introduced the ten-pound denomination of plastic (polymer) notes, produced using the latest banknote production lines applied in the world at the new mint house in the New Administrative Capital. The bank emphasized that none of the previous banknotes of the same category would be canceled and that they would continue to be used and circulated. CBE said in a Tuesday statement that the introduction of the new currency comes in light of the state’s keenness to keep in pace with the latest global and technological measures in securing and printing the currency in circulation. It also comes as part of a framework for implementing clean monetary policy and raising th

Hence then, the article about egypt releases first polymer banknotes was published today ( Tuesday 05/07/2022 - 04:00 PM ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt releases first Polymer banknotes  )

Also on site :

• A Recent Tragedy Has Left My Kids Devastated. But I’m Secretly Pleased.
• Watch last video of ‘All That’ star Kianna Underwood who died in hit-and-run at 33
• Refugee-student housing project in EU state rocked by rape scandal