Issued currency up EGP 17bn

Daily News Egypt
1 Min Read

Total currency issued by the Central Bank of Egypt (CBE) amounted to EGP 462.855bn by the end of August 2017, compared to about EGP 445.898bn in July 2017, an increase of about EGP 17bn.

According to the CBE, the issued currency to gross domestic product (GDP) ratio was 11.36% in August, compared to 10.95% in July.

The value of total EGP 200 notes is estimated at EGP 257.634bn; EGP 100 notes at EGP 160.86bn; EGP 50 notes at EGP 27.461bn; EGP 20 notes at EGP 7.276bn; EGP 10 notes at EGP 4.276bn; EGP 5 notes at EGP 3.561bn; EGP 1 notes at EGP 1.269bn; half-pound notes at EGP 417m; and quarter-pound notes at EGP 170m.

 

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