Council denies fake 50-pound bills

A statement from the Egyptian Cabinet stated that there are no counterfeit 50-pound banknotes circulating in the markets. The Central Bank confirmed that no counterfeit notes of this type are in circulation, and all the banknotes being traded are genuine, fully valid, and retain their full value. The Media Center explained that the relevant authorities monitor currency circulation daily and respond immediately to any cases of forgery or counterfeiting. It also urged citizens not to fall for false information that could negatively impact the economy.

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