Argentina to issue three new banknote denominations

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The new notes will eclipse the value of the current largest banknote, worth 100 pesos ($7.40). The 200- and 500-peso notes will be launched into circulation in the first half of 2016, followed by a 1,000-peso note in 2017, the bank said.

They will be the first new denominations issued by the bank since 1992. In addition, many of the existing notes will also receive a makeover, although the exact designs have yet to be released.

This series will include the 20-, 50- and 100-peso banknotes, but

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