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The 200 pounds bill

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This is a 200-Egyptian pounds bill that my aunt got from the ATM today and we found the following words on it in Arabic as follows :
  • 100 pounds for the refrigerator's monthly installment
  •  50 pounds for the TV installment
  •  50 pounds for the blanket's installment 😞
  • LE 200 Mahfouz
This Says a lot about Egypt' economic situation. Those LE 200 were going to be divided for the monthly installment of a refrigerator, a TV and a blanket !! Yes, someone could not pay in full cash for his blanket and had to pay it in installments.

That bill was issued in time of Central Bank of Egypt "CBE" governor Farouk El-Okdah who served from December 2003 to February 20013. The LE 200 bill was issued for the first time in 2007.

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