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V16 2013 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 16, Number 29, July 14, 2013, Article 21

ARGENTINE EVITA 100-PESO NOTES ARE LEGAL TENDER

Dick Hanscom forwarded this article about public acceptance of the "Evita" banknotes in Argentina. Thanks. -Editor

evita-100p Argentina's central bank has warned businesses to stop rejecting commemorative bank notes bearing the image of Eva Peron to mark the 60th anniversary of the iconic former first lady's death. President Cristina Fernandez, whose fiery speaking style often prompts comparisons with that of “Evita” unveiled the 100-peso bills emblazoned with her profile a year ago.

But publicity surrounding the newly-minted notes was not wide enough to overcome doubts from small businesses where cashiers have rejected the bills for being unfamiliar and with printing errors. So the central bank this week launched a hotline for people to report those who refuse to accept the bills, threatening to fine those who keep turning them away.

“The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions,” the central bank said in a statement this week.

Each is worth about 18.5 US dollars according to the official exchange rate. Even if the bills are not widely accepted, Evita's image is very much alive in Argentina's political life six decades after she died of cancer at the age of 33.

To read the complete article, see: “Evita” 100-Peso bill are legal tender and must be accepted, warns Argentine central bank (en.mercopress.com/2013/07/10/evita-100-peso-bill-are-legal-tender-and-must-be-accepted-warns-argentine-central-bank)

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Wayne Homren, Editor

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