Latest in Tag: banknote Highlight
Latest in Tag: banknote
Banknote issuance to GDP increases to 13.42% in May: CBE
CBE printed new banknotes worth EGP 15.774bn this month
Banknote issuance to GDP increases to 12.68% in February: CBE
CBE issued banknotes of EGP 411.559bn in February, compared to EGP 405.416bn in January
CBE refutes rumours on changing banknote designs
The Central Bank of Egypt (CBE) denied rumours that it plans to change the design of Egyptian banknotes. Rumours have spread on social media platforms and some news websites that the CBE launched a competition among volunteers to create new designs for Egypt’s banknotes. The CBE said in a press release that it did not …
January 1899 saw the 1st Egyptian paper banknote, EGP 200 bill issued in April 2007
5 January 1899 saw the issuance of the first Egyptian paper banknote, while the first EGP 200 bill was issued by the Central Bank of Egypt (CBE) on 3 April 2007. The CBE owns a museum devoted to the history of the Egyptian currency, and on its website the CBE has a page documenting the …
Printing cash done in accordance to regulations, commitment to economic, legal measures: CBE
The annual growth of banknote issuance is usually proportionate to annual GDP growth