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MercoPress, en Español

Montevideo, November 5th 2024 - 06:52 UTC

Tag: banknotes

  • Wednesday, July 29th 2020 - 09:49 UTC

    Money, money, Argentina importing banknotes and with the national mint working 24/7

    The pace of monetary issuance has accelerated in recent months as the central bank creates pesos that the government uses to pay for its coronavirus stimulus plans

    Argentina is rushing to import banknotes as its national mint struggles to keep pace with soaring central bank issuance and inflation of more than 45%. The mint is importing printed bills for the first time in five years and is also boosting its purchases of the paper used to make banknotes, according to three people with direct knowledge of the matter.