Argentina introduces 10,000-peso banknote worth only $10
Shortpedia
Content Team
Image Credit: newsbytes
The Central Bank of Argentina issued a new 10,000-peso banknote on Tuesday, which is five times the size of the previous highest-valued 2,000-peso bill. The note, depicting independence leaders Manuel Belgrano and Maria Remedios del Valle, is, however, only worth approximately $10. The launch came amid an economic crisis in Argentina, which has resulted in annual inflation approaching 290% and approximately half the population living in destitution.
