Currency round-up: Lebanon considers new high-denomination notes
South Africa points upgraded notes; Argentina 2,000 peso enters circulation; and extra
Lebanon: The Lebanese parliament is to contemplate authorising new high-denomination banknotes. Two parliamentary committees authorised draft laws on Might 23, sending it to the complete home.
In response to a report by the Nationwide Information Company, the draft textual content permits the central financial institution to find out the worth of the brand new banknotes. Different sources point out the legislation authorises L£500,000 and L£1 million denominations.
The Financial institution of Lebanon at the moment circulates the Lebanese pound in six denominations, with the
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