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Venezuela’s New Banknotes Land Safely!

Venezuela’s New Banknotes Land Safely!
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Local Editor

A planeload of Venezuela's new currency notes arrived from Sweden, after its delayed arrival and widespread unrest prompted President Niclolas Maduro to temporarily extend the use of the country's 100-bolivar bills.

Venezuela’s New Banknotes Land Safely!

The plane carrying "272 crates of 50,000 500-bolivar bills" arrived from the Swedish capital of Stockholm on Sunday, said Jose Khan, a high-ranking official with Venezuela's Central Bank.

He said two more planes will also be arriving, with the 500-bolivar bills finally totaling 60 million units.

On Thursday, the government briefly pulled the 100-bolivar bills out of circulation before the new bills were still made available.

The delay in the arrival of the new banknotes sparked demonstrations across the country, and led to long lines at banks.

Lootings were also reported at scores of shops. Many people had found themselves without the means to pay for basic supplies or Christmas preparations.

Maduro, who blamed the delay on "US Treasury Department sabotage," extended the use of the 100-bolivar note until January.

Source: News Agencies, Edited by website team

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