100-bolivar notes get extension as Venezuela crisis continues - News Summed Up

100-bolivar notes get extension as Venezuela crisis continues


This marks the third time the government has extended use of the bill, owing to Venezuela's inability to distribute larger denominations of its embattled currency. New denominations will enter circulation Monday, Maduro said. The 100-bolivar bills will remain in use until February 20, he said. At the highest government exchange rate -- of about 675 bolivars per US dollar -- 100 bolivars are worth less than 15 cents. A piece of bread in Venezuela costs about 500 bolivars.


Source: CNN January 15, 2017 23:21 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */