Venezuela Sets Up Exchange Houses while New Bills Begin to Circulate
09 de enero de 2017, 15:54Caracas, Jan 9 (Prensa Latina) Venezuelan President Nicolas Maduro announced today the opening of exchange offices on the Colombian border to stabilize the convertibility of the currencies of both countries.
This measure seeks to consolidate the Border Economic Development Zone and protect our monetary sign, attacked by the criminal speculation of the page dolartoday.com, stated the head of state at a meeting of the National Council of Productive Economics.
The president also announced that the banknotes of the new monetary cone will begin circulating the coming January 16 in the banking institutions of the 24 states of the nation.
We receive 60 million units of 500 bolivars, 4.5 million of 5,000 and 2.9 million of 20,000 which will be circulating from next Monday on, informed the head of state.
During the meeting of the National Council of Productive Economics, held in the Palace of Miraflores (headquarters of the government), the president reported that the Bolivarian government collected 80 percent of the country's 100 bills, which were used by Colombian mafias to fictitious operations and attacks against Venezuela'.
Maduro decreed last December 11 the withdrawal of the 100 bolivars bill in the course of 72 hours, to face the attack on the currency of the South American country from the border with Colombia, especially in the cities of Cucuta and Maicao.
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