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Egypt is heading to offer a currency described as safe


yota691
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 Cairo: agencies
 
On the occasion of the imminent introduction of new polymer currencies in the Egyptian market, the Central Bank confirmed the continuation of dealing with all paper currencies without exception.
In a statement, the Central Bank stressed that “there is absolutely no truth to what was circulated about the cancellation of dealing with some paper denominations, in conjunction with the issuance of its polymer counterpart,” noting that “the new denominations of polymer money will be secured with advanced watermarks, showing Only when moved under sunlight.
And the Central Bank revealed that, “With reference to the pictures circulated on news sites and social media sites, of the new polymer coins of the ten and twenty pound denominations, the circulated models have not been definitively approved and are still in the process of development and modification.” He explained, "As for the multiple colors found on one of the coin models in circulation, they are not part of the currency design, and do not appear on it in nature, but it is a modern watermark recognized globally as one of the latest technologies for securing printed currencies, as when moving the new currency in the sunlight Only one or two of the colors included in the watermark appear, making it very difficult to counterfeit."
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Egypt publishes 1st pictures of new plastic LE10, 20 notes

BY

Mon, 02 Aug 2021 - 04:14 GMT

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Egypt's plastic notes

Egypt's plastic notes

CAIRO – 2 August 2021: Egypt published the first pictures of LE 10 and 20 plastic notes that will be officially issued next November from the new printing press of the Central Bank of Egypt, in the New Administrative Capital.

 

Sources confirmed to Egypt Today that the production of the new currency will be carried out with the latest currency production lines in the world and with the latest insurance specifications at the international level, stressing that the new LE10 and LE20 will be circulated alongside the current currency.

WhatsApp Image 2021-08-01 at 10.39.58 PM (1)
 
WhatsApp Image 2021-08-01 at 10.39.58 PM

Plastic currencies are produced from polymer, and were first used as currency-making material in Australia in 1988.

 

Plastic money is characterized by flexibility, strength, and less thickness, which allows a longer life span of up to about 5 times the life of the paper category made of cotton, in addition to being water-resistant, less affected by dust, environmentally friendly, and much less likely to pollute compared to The denominations of paper money in circulation, in addition to the difficulty of counterfeiting and counterfeiting.

 

Banknotes are printed according to an economic calculation process that takes into account the rate of rise in prices of goods and services produced within the country, the "inflation rate", and the rate of economic growth achieved. "Banknotes" are printed on the basis of calculating the volume of "cash" circulating within the Egyptian economy.

 

 

The process of withdrawing worn-out banknotes from the market is carried out through the supervision of the Central Bank, by withdrawing the damaged banknote from the market and replacing it with new banknotes.

 

The money issued by the Central Bank enjoys what is called “the power of discharge” in the sense that it is equal in value to goods and services, and it is obligatory for all parties to pay for the value of the monetary category, and when the Central Bank issues a new edition with a different design, the old version of the monetary category is not stopped.

 

Over the past 40 years, the insurance elements of paper currency have evolved, and began with a unified watermark for all categories, the addition of insurance tapes, the addition of visually variable elements in printing inks, the addition of elements against color photography for all denominations, and a custom watermark - in 2012 - For each category separately, which necessitated the replacement of the old categories with the new, with the utmost smoothness that takes into account the circulation of cash.

 

 

The state will resort to printing the 10 and 20 pounds of polymer material; because it is the most widely traded, as plastic money is characterized as 3 times the life span of its paper or bank counterparts.

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Published November 1st

The first pictures of the new plastic coins in Egypt, denominations of 10 and 20 pounds

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Egyptian websites showed the first pictures of the new plastic 10 and 20 pound denominations to be issued next November from the new printing press of the Central Bank of Egypt, in the new administrative capital. This is according to Al-Watan newspaper.

 

The countdown to receiving the Egyptian market began with plastic coins made of "polymer", which is considered an "environmentally friendly" material, after President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Tariq Amer, Governor of the Central Bank. It will be released in early November.

Recently, many countries are turning to polymer money because it is a more sustainable material, which reduces the cost of printing money and supports environmental stability.

The advantages
and the new plastic currencies, although it is the first application of it in Egypt, but many European countries deal with it because of its great advantages. And it is more effective against counterfeiting attempts, it is also environmentally friendly, and it is highly resistant to the transmission of microbes or viruses, although it is more expensive to print than its paper counterpart, but it is more economical.

Paper money
The committees of the House of Representatives had discussed, in meetings with central bank officials during the last period, plastic currencies and their benefits, including statements by Gamal Najm, Deputy Governor of the Central Bank, before the meeting of the Economic Affairs Committee in the House of Representatives, where he confirmed that the bank’s issuance of the currency made of plastic, The 10-pound denomination is expected to start with the operation of the new Central Bank printing press, which is established in the New Administrative Capital.

The Deputy Governor of the Central Bank indicated that this currency will not cancel its old counterpart, which is currently in force, as it will still have the power of acquittal even in the presence of the new category and the citizen can use it naturally without the slightest problem.

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An uproar in Egypt due to the emergence of the colors of the '*** flag' in the design of the new currency

 

570 2021-08-03
http://burathanews.com/storegefiles/6109343e66f4b.jpg
 
 

Social networking sites were buzzing in Egypt after the Central Bank of Egypt published samples of new coins made of polymer and polypropylene materials, known as plastic coins, which are scheduled to be released in early November.

The pioneers of social media platforms circulated pictures of the new currencies, which are in denominations of 10 and 20 pounds, as they launched a broad attack on the design and shape of the currency, as the shape of these currencies spread among the public, citing local media.

The "plastic currency" caused a sensation among the pioneers of social networking sites due to the appearance of what activists said was the "*** flag" (rainbow) on it, which created a state of anger among activists, rejecting its form in that body, calling for a boycott of dealing with it.

According to local media, the Central Bank of Egypt intends to issue new “banknotes” of 10 and 20 pounds, which are popularly called “plastic currency,” made of polymer, early next November, and rainbow colors appeared on the 20-pound denomination in the currency. Plastic traded, which sparked a state of controversy.

"Abd Elazez Abo Elanen" wrote in a tweet on his own account, "The situation has come between us, so God suffices and He is the best agent who teaches homosexuals, and we want our Lord to honor us."

An uproar in Egypt due to the emergence of the colors of the 'gay flag' in the design of the new currency

"Muslim" called for a boycott of the new currencies, saying in his tweet, "#Boycott the new plastic currency, the *** flag on the twenty pounds."

An uproar in Egypt due to the emergence of the colors of the 'gay flag' in the design of the new currency

"Abdullah Al-Saeedi" said in his tweet, "The exhibition that he will present in this video will look like what it will look like in front of people, especially his times.

 

An uproar in Egypt due to the emergence of the colors of the 'gay flag' in the design of the new currency

And the “Tunisia 365” account published a tweet, in which it stated, “A new scandal rocks Egypt: placing the *** flag on the drawing of the Muhammad Ali Mosque in a new currency of the denomination of two pounds .. and still provoking the feelings of Muslims until the promise of God comes in it.”

An uproar in Egypt due to the emergence of the colors of the 'gay flag' in the design of the new currency

"Amr Hucien" had another opinion and wrote in a tweet on her own account in response to those who say that the *** flag is on the currency "as for the new Egyptian coins and those who say that it has a rainbow the *** flag "rainbow flag", in principle, this is the watermark that remains In any normal currency, and here is Burek, its shape will be a factor, how when you see it, it has nothing to do with gays or homosexuals, this is first, because we are a people who are honest, frankly.

An uproar in Egypt due to the emergence of the colors of the 'gay flag' in the design of the new currency

 

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  • 5 weeks later...
On 8/9/2021 at 6:58 AM, yota691 said:

it has nothing to do with gays or homosexuals, this is first, because we are a people who are honest, frankly.

Maybe someone wants to bring back Set and Horus: :confused2:

HORUS AND SET

Then Set said to Horus: “Come, let us have a feast day at my house.” And Horus said to him: “I will, I will.” Now when evening had come, a bed was prepared for them, and they lay down together. At night, Set let his member become stiff, and he inserted it between the thighs of Horus. And Horus placed his hand between his thighs and caught the semen of Set.
— Houlihan, P.F. 2001, Wit & Humour in Ancient Egypt, p. 121

https://blog.swaliafrica.com/ancient-egyptian-sexuality-life-in-ancient-egypt/

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