Egypt's IDSC denies issuing new coins

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Thu, 17 May 2018 - 10:43 GMT

BY

Thu, 17 May 2018 - 10:43 GMT

Egyptian pound- CC via Wikimedia

Egyptian pound- CC via Wikimedia

CAIRO, May 17 (MENA) - The Information and Decision Support Center (IDSC) refuted as "groundless" reports circulated by media outlets on issuing new coins in denominations of 10, 50 and 100 pounds.

The denominations currently minted are the 25-piaster, 50-piaster and 100-piaster coins, the center said in a report on Thursday.

It added that the high-denomination coins posted by social media are just "commemorative coins" issued by the Egyptian Mint Authority in 2017 to mark the 150th anniversary of Khedivial Cairo.

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