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Venezuela delays demonetisation of 100 bolivar notes amid rioting, protests

Venezuela is trying to introduce new bills in denominations up to 200 times higher than the old ones, but the plan derailed when the government banned the 100 bolivar note before the new bills arrived.


WITH protests rocking his unpopular government, embattled President Nicolas Maduro delayed until Jan 2 taking Venezuela's highest-denomination bill out of circulation.

The 100 bolivar (S$14.5) bills would temporarily remain legal tender, Mr Maduro said on Saturday, but the...

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