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Egyptian Currency Will Cease As Legal Tender in Palestine, is Decision

February 14, 1928
See Original Daily Bulletin From This Date
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(Jewish Telegraphic Agency)

It is the intention of Government to demonetise Egyptian gold, notes, silver and nickel coins, at present legal tender, at the end of February, it is officially stated here.

A proclamation under the Palestine Currency Order, 1927, will be published in the Official Gazette and the press as soon as the date of demonetisation is definitely decided. From that date Egyptian currency will cease to be legal tender and will not be accepted or exchanged by the Government. The public has been advised to exchange any Egyptian currency in their possession at an early date.

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