With protests rocking his unpopular government, embattled President Nicolas Maduro on Saturday (Dec 17) pushed back to next month taking Venezuela's highest denomination bill out of circulation.
Venezuelans lined up to deposit 100-unit banknotes before they turned worthless, but replacement bills had yet to arrive, increasing the cash chaos in the country with the world's highest inflation.
President Nicolas Maduro on Monday ordered the closure of Venezuela’s border with Colombia for 72 hours in a crackdown on what he says are “mafias” smuggling hard-to-find cash that is destabilising the socialist economy.