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Venezuela Issues New Bank Notes Because of Hyperinflation
Tags: Current Focus,
With the 100 Bolivar note worth about 2.8 cents U.S., Venezuelans were having to carry bags of notes for daily purchases. The Maduro government has introduced new bank notes of 500 to 20,000 Bolivars, the Venezuelan currency. The move was needed a year or 2 years earlier because of high inflation.
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