Plastic Currency
Plastic currencies are produced from polymer, and were first used as currency-making material in Australia in 1988.
It added in a statement, Thursday, that printing process will start after reviewing the latest technology in printing money, including the plastic money "polymer."
The issuance of the plastic note, the LE 10- category does not mean that its old and currently equivalent counterpart will be canceled.
Gamal Negm, deputy governor of the Central Bank of Egypt said the country will start issuing plastic currency, starting with the LE 10 ($0.64) notes, as banknotes will be printed in the New Administrative Capital's printing facilities.
Following in the footsteps of England, the CBE is set a new, more durable form of some Egyptian notes by 2020.
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