EGP 40 million of loose coins and new banknotes issued in July

The action was meant to meet people's needs to facilitate selling and buying operations, he said.

The Egypt Mint Authority witnessed an unprecedented leap over the past period in the digitisation domain and this helped in securing small-denomination currency before the Greater Bairam season.

For his part, the authority's head, Hossam Khedr, said the authority is keen on securing this category of money to be enough to meet people's needs for one year and half.