Latest in Tag: banknotes Highlight
Latest in Tag: banknotes
CBE issues import, export standards on foreign banknotes surplus
The CBE affirmed that these standards comes in the framework of the CBE’s continuous endeavour to maintain the sound performance of the banking system.
Fate of inked banknotes remains vague
Rumours of banning banknotes with handwritings on them, banks deny, CBE silent
Finance Ministry tests machine which exchanges banknotes to coins
Mint Authority previously announced issuance of coins which bear images of major Egyptian national projects
Banknote issue up to 11.41% of GDP in June: CBE
CBE issued EGP 486.726bn in June 2018, up from EGP 474.941bn in May 2018
We want to create a society without banknotes: Aman CEO
The local market can absorb more than 500,000 POS, says Wahby
Total value of banknotes issued increases by EGP 10bn in May: CBE
Banknote issuance recorded its highest level to GDP since June 2015
CBE forced to issue new banknotes monthly due to low state resources, high expenditure: banking expert
The CBE has increased its issuance of banknotes since January 2011, due to annual increases of salaries, pensions, and compensations, in addition to the repayment of domestic debt’s benefits, says Hassanein
EGP 6.8bn increase in banknotes printed in March 2016: CBE
EGP 200 banknotes accounted for 52.1% of the total banknotes issued; EGP 100 banknotes registered 35.7%; EGP 50 banknotes were 8.73%, with lower rates for other denominations