Just what everyone wants! More change in their pocket.
The Bank of Mexico (Banxico) announced that in 2025 the 20-peso bill will cease to circulate, to be replaced by coins, due to its practicality, and will cease to be produced this year 2023.
“The banknotes and coins in the withdrawal process still retain their liberating power; that is, they are worth the denomination they indicate, but by resolution of the Bank of Mexico they are withdrawn from circulation through the banks,” Banxico indicated.
The reasons that led Banxico to opt for the . . .
