Plastic banknotes will be introduced from Egypt in 2020

The Egyptian government says that 10 pounds of plastic worth of currency notes will be printed

The Egyptian government says that 10 pounds of plastic worth of currency notes will be printed

Cairo … News Time

Egypt is going to be included in the list of countries of plastic currency notes. The Egyptian government says that a series of plastic note notes will be started by 2020. According to Al-Arabiya.com, Tariq, the governor of the central bank of Egypt, said that the currency notes made from polymer materials would be reached by 2020. He said that the cost of printing of Egyptian Egyptian Pound would cost less than paper note. Apart from this, currency exchange notes of plastic will not be copied. In response to a question, the Governor of the Central Bank of India said that there are many features of plastic currency notes. Such currency notes spread enormous, strong, water-proof, paper-to-day and minimal pollution. Countries like China, Britain, Australia, Singapore, Indonesia, Romania, and Vietnam are preparing plastic notes for this time.

10 billion pounds of plastic currency notes will be printed, he said. After all, other worth of currency notes will be converted into plastic notes. Remember that currency notes were first published in 1836. Currency gold and silver coins were used more. Pounds in Egypt are considered to be a sign of British domination. The UK introduced Egyptian pounds during occupation of Egypt.

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