Central Banking

Argentines ask central bank for higher-denomination banknotes

banco-central-de-la-republica-argentina
Central Bank of Argentina

The Central Bank of Argentina could be forced to print higher-denomination banknotes as the country looks to get to grips with the environment of high inflation.

Three bankers' associations and a workers' union sent a letter to central bank governor Alejandro Vanoli at the end of March asking for the "immediate issuance of high-denomination banknotes".

Meanwhile Julio Cobos, a politician who served as vice-president from 2007 to 2011, has drafted a law that – if passed – would create banknotes w

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