Colombia to issue new 100,000 peso note

Telesur reports that the Banco de la República, the Central Bank of Colombia, intents to issue a new 100,000-peso banknote somewhere at the end of 2015 or early 2016. The note will show the image of Colombia's 22nd president Carlos Lleras Restrepo who was in office from 1966-1970.

When issued it will be the highest denomination in Colombia. The reason for issuing this note is the high inflation in the country.

Update 16 March 2015: a possible design of the new 100,000-peso note.

Steven Wednesday 19 November 2014 at 08:04 am | | news
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