Egypt’s Central Bank late on Tuesday called on banks that have operations in the country to increase their cash reserves.

It said will be in anticipation of cash shortages in the country as renewed anti-government protests on June 30 got ever closer.

It is understood that Egyptians, from many of the country’s opposing parties, will be demonstrating in Tahrir Square and Presidential Palace on the last day of this month.

The reason for the demonstrations will be to put pressure on President Mohamed Morsi to resign as head of the government.

The central bank said its call is aimed at avoiding a situation where cash was only made available in the banks that have branches in Cairo.

It advised that this extra cash be spread to all the lenders’ branches through-out the North African country.

Hazem Hegazi, head of retail at the National Bank of Egypt, told Al-Ahram’s Arabic-language news website that the bank’s 305 outlets will stay open on June 30.

“No branches will close their doors, even those located near Tahrir Square and the Presidential Palace,” Hegazi told Al-Ahram, referring to Cairo’s two premier demonstration locations.

The demonstrations have been organised by Egypt’s anti-President Morsi campaigners who have called on the Egyptians to protest in great numbers on the day.

The majority of political parties opposed to Morsi’s rule have indicated that they will be taking part in the demonstrations.

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