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How is the project for the elimination of the three zeros going?

The new president of Colombia, Iván Duque, has said that he sees no sense in giving the green light to the project that seeks to eliminate the three zeros from the national currency. For him it is costly and unnecessary. Asobancaria bets more on accelerating the process of implementing a new family of banknotes. Last … Read more

Project to eliminate the three zeros from banknotes in Colombia

Analysts affirm that the measure is a step to reduce cash in the economy, it would facilitate commercial transactions among the different economic agents, and the Banco de la República would assume the cost of production of the new denominations of coins and banknotes. The project to eliminate the three zeros from banknotes in Colombia … Read more