Inflation is so bad in Argentina that the central bank will issue 10,000 peso notes to relieve people from the burden of having to haul bags of cash around for day-to-day needs.

The note, worth about $11 based on Thursday exchange rates, tops the 2,000 peso note as the country's biggest bill.

Meanwhile, the central bank also announced that it will launch a larger bill a 20,000-peso note later this year.

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