This country has launched new 2,000 peso note amid out-of-control inflation

Updated : May 23, 2023 08:52
|
Editorji News Desk

While India's ₹2,000 note has been withdrawn, Argentina has introduced a new 2,000-peso note.

The South American country has put the new bill into circulation while it battles extremely high inflation. However, the new 2,000-peso note is worth only around 8 US dollars, as per reports.

Earlier, the highest currency bill in Argentina was 1,000 pesos.

Football legend Lionel Messi's country of birth experienced an annual inflation rate of 109% in April.

 

Argentina

Recommended For You

editorji | World

Australian PM proposes 'tougher gun laws' after Bondi mass shooting

editorji | World

Father and son gunmen kill 15 at Jewish festival on Australia's Bondi Beach

editorji | World

Japan lifts tsunami warning after magnitude 6.7 quake

editorji | World

Artefacts from India among items stolen in ‘high value’ burglary at UK museum

editorji | World

Pakistan warns social media platforms of possible nationwide bans