Faced with the need to issue more currency because of the COVID-19 emergency, the Banco Central de la República Argentina and the Casa de Moneda are working to release a new banknote of 5,000 pesos (ARS5,000.1). At a time when the highest note in circulation, the one of 1,000 pesos (ARS1,000.1) equal to USD9.00 in the informal market, it makes sense to print larger notes to facilitate larger payments.

Source: lanacion.com.ar

Courtesy: Gabriel’s Numismatic Market, LLC.

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