The Central Bank of Peru published a statement reaffirming that all its banknote issuances and coin minting have strictly complied with the applicable legal framework and constitutional mandate, and that it has not used an incorrect coat of arms on any banknotes or coins. It pointed to Article 83 of Peru’s Constitution, which provides that issuing banknotes and coins is an exclusive power of the State exercised through the central bank, and said all emissions to date have followed the relevant legal guidelines. The bank also noted that Law No. 32251, published on 19 January 2025, introduces new provisions on the use of the national coat of arms and national motto that will apply to new series of banknotes and coins.
Central Bank of Peru 2025-03-19
Central Bank of Peru confirms banknote and coin issues complied with applicable rules and rejects use of an incorrect coat of arms
The Central Bank of Peru confirmed that its banknote and coin issuances comply with legal and constitutional mandates, refuting claims of incorrect coat of arms usage. It highlighted Article 83 of Peru’s Constitution, which grants the State exclusive rights to issue currency through the central bank. Law No. 32251 introduces new provisions for the national coat of arms and motto on future currency series.