But debt to non-residents has sky-rocketed since then rhs | 0600 egp 500 usd 7,835 |
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In 1898, the National Bank of Egypt was formed, and began issuing the first banknotes a year later |
3406 egp 5 usd 78 | 7030 egp 20 usd 313 |
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In 1885, the bimetallic standard was replaced with the single gold standard due to fluctuations in the value of silver | Egypt is building up worrying imbalances |