The Government plans to launch 20,000 and 50,000 peso bills

2024-01-09 13:46:34

The Central Bank plans to issue new bills of $20,000 and $50,000. This occurs in a context where the December inflation ended close to 30% and it is estimated that the outlook in January will not be very encouraging.

Los design, production and distribution deadlines They could be 6 to 9 months and it is estimated that they could be in circulation in the month of June, prior to the payment of the bonus, which would generate greater demand.

Currently, the Production of the Mint is focused on the $2000 bills, too. while those of lower denomination will no longer be produced.

In 2017, when the 500 peso bill was launched, it was equivalent to 33 dollars.. While the one from 1000 to 58 dollars.

That is why experts suggest that creating $20,000 and $50,000 designs would be the most convenient, taking into account their possible value when they hit the streets.

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