The Central Bank of Egypt (CBE) denied reports circulating about plans to issue a new EGP 10,000 banknote, confirming that no decisions have been made regarding the launch of such a denomination.
In a statement published by the Cabinet Information and Decision Support Center (IDSC), the CBE said that there are currently no plans or studies related to introducing new paper or polymer currency denominations beyond those already in circulation in the Egyptian market.
The bank clarified that the EGP 200 note remains the highest paper currency denomination currently circulating in Egypt.
Existing paper banknotes include EGP 1, 5, 10, 20, 50, 100, and 200 denominations, while polymer banknotes are available in EGP 10 and EGP 20 denominations.
According to the statement, all circulating banknotes maintain full legal tender status and are valid for the payment of goods and services.
The IDSC urged citizens not to be misled by inaccurate information aimed at stirring public opinion and called on the public to rely on official sources for verified information.
