{"id":7892,"date":"2024-05-07T19:01:52","date_gmt":"2024-05-07T19:01:52","guid":{"rendered":"https:\/\/internationalpulse.net\/?p=7892"},"modified":"2024-05-07T19:01:52","modified_gmt":"2024-05-07T19:01:52","slug":"argentina-introduces-10000-peso-banknote-digital-journal","status":"publish","type":"post","link":"https:\/\/internationalpulse.net\/?p=7892","title":{"rendered":"Argentina introduces 10,000-peso banknote – Digital Journal"},"content":{"rendered":"

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This handout picture released by the Central Bank of Argentina shows the new 10,000-peso banknote – Copyright Central Bank of Argentina\/AFP Handout<\/small><\/em><\/p>\n

Inflation-battered Argentina on Tuesday introduced a 10,000-peso banknote, worth the equivalent of about $11 \u2014 five times the face value of the previous biggest 2,000-peso bill.<\/p>\n

The new note, which will allow people to carry around fewer bills, will be available at banks and ATMs from Tuesday, the South American country\u2019s central bank said in a statement.<\/p>\n

Argentina is in the grips of an economic crisis that has seen annual inflation nearing 290 percent as poverty affects about half the population.<\/p>\n

With no end in sight, the central bank said a 20,000-peso note will be issued later this year.<\/p>\n

The 2,000-peso bill was launched just a year ago, double the then biggest note of 1,000 pesos \u2014 of which one would need about 15 to pay for an average restaurant dinner for one today.<\/p>\n

The issuing of high-domination banknotes is nothing new in Argentina, which had a bill with a face value of 1,000,000 pesos in the 1980s.<\/p>\n<\/p><\/div>\n

Argentina introduces 10,000-peso banknote – Digital Journal
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#Argentina #introduces #10000peso #banknote #Digital #Journal<\/p>\n","protected":false},"excerpt":{"rendered":"

This handout picture released by the Central Bank of Argentina shows the new 10,000-peso banknote…<\/p>\n","protected":false},"author":1,"featured_media":7893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[4279,3973,4280,2874,2350,4281],"yoast_head":"\nArgentina introduces 10,000-peso banknote - Digital Journal - International Pulse<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/internationalpulse.net\/?p=7892\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Argentina introduces 10,000-peso banknote - Digital Journal - International Pulse\" \/>\n<meta property=\"og:description\" content=\"This handout picture released by the Central Bank of Argentina shows the new 10,000-peso banknote...\" 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