Venezuela's new 100,000-bolivar note is worth less than $2.50 in US dollars

ArticleDebt crisisNovember 8, 2017 - 2:35:16 AM

Stuck in an unprecedented economic crisis, Nicolas Maduro government is trying to get away with printing more money.

Venezuelan President Nicolas Maduro unveiled a new 100,000 bolivar note last week. It is now the nation's highest value note, and was worth less than $US2.50 on the black market, The Associated Press reported.

Source:Business Insider

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