President of Argentina Javier Milei giving a speech after his inauguration ceremony at the National Congress on December 10, 2023, in Buenos Aires, Argentina.
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- Astronomic inflation in Argentina has caused the government to higher denominations of the country's peso.
- The central bank next month will issue a 10,000 peso note, worth about $11 based on Thursday's exchange rate.
- Inflation hit 287% in March, forcing many people to carry bags of cash for everyday transactions.