Many citizens are looking for a date for offering the new twenty pounds in local banks, which the Central Bank of Egypt announced its offering in light of its keenness to keep pace with the highest international standards used in securing and printing currencies, and in continuation of efforts to implement the clean monetary policy and raise the quality of banknotes in the Egyptian market.
It is scheduled that banks will begin tomorrow, Wednesday, to receive their shares from the Central Bank of Egypt (CBE) in the new twenty-pound plastic currency, which is offered for the second time in Egypt after the ten pounds were offered during the past year 2022.
In the coming days, the Central Bank will make adjustments to ATM machines in all governorates, to introduce systems for dealing with the new plastic currency, the twenty-pound denomination.
The banknote production lines are part of the production and design stages of the new plastic currency, which is printed in the printing house in the New Administrative Capital.
The Central Bank announced the launch of the new twenty-pound coin made of polymer, which includes the latest banknote production lines in the New Administrative Capital, with an emphasis on not canceling previous issues of the same category, and continuing to deal with it side by side with the new currency without any change.
The new 20-pound currency is distinguished as the first monetary denomination to be offered in the Egyptian market, using advanced technologies that allow the blind and visually impaired to distinguish it and learn its value by touching the prominent signs at the top left of the banknote.
The introduction of the new currency helps reduce the cost of printing banknotes, especially for the most frequently traded denominations, including the polymeric ten-pound denomination that was previously put on the market, and is in line with the goals of the sustainable development program adopted by the state through Egypt's Vision 2030.
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