"Pablo Verani, an Argentine senator from the Radical Civic Union opposition party, this week presented a plan to introduce a 200-peso bill to combat the erosion of purchasing power caused by inflation and mark the nation’s bicentennial. The 100-peso bill has been the largest note in circulation since Argentina introduced the currency in January 1992.
“My plan is related to comfort,” Verani said. “If you go to a supermarket with 100 pesos now, you buy about 20 percent of what you bought three years ago.”
The extra yield investors demand to hold Argentine dollar bonds instead of U.S. Treasuries narrowed eight basis points to 520 as of 9:59 a.m. New York time, according to JPMorgan Chase & Co. It tumbled 49 on Oct. 27 after the death of Kirchner spurred speculation that the nation’s statistical reporting will become more transparent."
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