February 18, 2017 3:20 PM

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Venezuela delays 100-bolivar banknote withdrawal

Venezuela has one again delayed the withdrawal of the 100-bolivar banknotes from circulation. Country's Vice President Tareck Zaidan El Aissami has announced that President Nicolas Maduro has signed a decree for an extension of the legal tender of banknotes of 100 bolivars, until March 20. <br/><br/>The withdrawal order was first time delayed last December soon after the decision to get rid of the highest-denomination banknote was made. <br/><br/>Maduro ordered the Government in December to withdraw the highest-denomination banknote, worth 100 bolivars, from circulation as a measure against Venezuela's currency smuggling.

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