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Some social media pages circulated news about forcing citizens to exchange all banknotes with new plastic coins by the end of June 2020.
The Media Center of the Cabinet of Ministers contacted the Central Bank of Egypt, which denied these reports, stating that it is not true to compel citizens to replace all banknotes with new plastic coins by the end of June 2020, indicating that No date has been set for the release of polymer-made coins, noting that all banknotes currently in use are valid as they are unchanged, and that when starting to switch to new plastic coins, the 10 pound category is It will offer as a first stage, as long as the rest of the new coin categories are put in succession, warning Al-Ansi S behind those rumors intended to cause confusion among citizens and hurt the national economy.
In the end, the Central Bank of Egypt called on all different users of the media and social networks to seek accuracy and objectivity in the dissemination of information and communication with the concerned authorities to ensure before publishing information that it is not based on any fact and generates confusion in public opinion, generating the anger of the citizens and negatively affecting the Egyptian economy and the sector. The banker
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