Venezuela’s government ordered all 100-bolivar bank notes out of circulation within 72 hours, amid a hard cash shortage and the scheduled release this week of bigger bank notes.
“There has been a scam and smuggling of the one hundred bills on the border with Colombia. We have tried the diplomatic way to deal with this problem with Colombia’s government; there are huge mafias,” President Nicolas Maduro said on state television.
Maduro signed a new emergency economic decree to fight ”currency attacks” and an alleged “economic war.”
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