Is the following statement true?
"The Egyptian pound divides down into piastres, or further into milliemes.."
Your chain-of-thought:

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
user
These are the subdivisions of the Egyptian pound, which can be easily confirmed and is known in many parts of the world. The answer is yes.