Saturday, May 20, 2017

Venezuela again delays eliminating 100-bolivar notes

The government of Venezuela said Friday that the 100-bolivar banknote, which was due to go out of circulation in December, will now stay valid for one more month due to delays in the production of new bills.

Venezuelan Vice President Tareck El Aissami took to Twitter to announce that President Nicolas Maduro had decided to extend the validity of the 100-bolivar note, which is worth about 14 US cents, until July 20.

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