Venezuela new 500- and 5,000-bolívar note reported for January 2017 intro
01 12, 2016 07:29 Category: South America
According to an article on Bloomberg/Quint dated 1 December 2016, Venezuela will introduce new 500- and 5,000-bolívar notes mid-January 2017, with additional denominations of 1,000, 2,000, 10,000 and 20,000 bolívars to enter circulation in the first half of 2017. The exact timing of the introduction and the makeup of the denomination structure has been the subject of conflicting rumors as of late, but it's clear that Venezuela must do something to address the collapsing value of the currency.
Courtesy of Rok Jarc.
Courtesy of Rok Jarc.
