Saturday, April 1, 2023

Dollar “small face”: The United States of America has made a long-awaited clarification about the value of bills

The group of dollars that is “small easy” is generating controversy in Argentina. What do they say from the United States?

The United States of America (FED) has declared that all banknotes from that country, including the so-called “small face” dollars, remain legal, regardless of whether they were issued.

These are $100 bills issued before 1996, the face of Benjamin Franklin is smaller than the later versions of the paper.

In Argentina, the “small face” in informal circulation (known as the blue dollar) is not valid in banks.

“There is no need to trade in antiquated bills. All US currencies remain legal tender, regardless of when they were issued,” the agency said on its Twitter account.

According to the FED, it is the policy of the United States that all Federal Reserve Notes remain legal tender, or legal tender, when issued.

This plan covers all denominations of United States notes from 1914 to the present.

Girl Doll Faces And Other More Recent Designs: All Are Valid And Valid.

Girl doll faces and other more recent designs: all are valid and valid.

In addition, he indicated that the Federal Reserve Board “recognizes that in some countries there are different conditions of exchange or methods for the acceptance of foreign money, but the market”, and not the United States Government, controls these rates.

a very controversial Argentine doll face girl

In the silver market, exchange between different versions of the US$00 bill: for example, financial institutions and customers prefer to work with the most recent version of the bill, even if it is declared by the United States government. sometimes that “small face” is legal tender.

In the informal market, “cavers” usually charge a percentage of money for receiving old dollar bills, between 1% and 3%.

In the legal circuit, except for real operations and vehicle dealers, all dollar issues are the same.

Therefore, banks do not change the small face in other plans, because they have the same value.

Nation World News Desk
Nation World News Desk
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