Article 24YM8 Venezuela pulls 100-bolivar note from circulation to 'beat mafia'

Venezuela pulls 100-bolivar note from circulation to 'beat mafia'

by
Matthew Weaver and agencies
from Economics | The Guardian on (#24YM8)

President says surprise move needed to stem profiteering, but critics lambast move as impractical amid inflation crisis


The Venezuelan government is to withdraw its largest banknote from circulation in its latest attempt to tackle the world's worst inflation crisis.

Related: Venezuela on the brink: a journey through a country in crisis

Related: As Venezuela lurches from crisis to crisis President Maduro moonlights as salsa DJ

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