The $100.00 Bolivar currency, which is the highest one in Venezuela, will have not value since Friday and it will be substituted by another currency.
The $100.00 Bolivar currency, which is the highest one in Venezuela, will have not value since Friday and it will be substituted by another currency.
In the last days, the President Nicolás Maduro has denounced that there are some Mafia groups in the Colombian and Venezuelan border which hoard the Bolivar currency, specially the aforementioned one) to get subsided goods in Venezuela that are later resold by achieving huge profits.
The government measure is aimed at creating logistic difficulties for those dealers who have ended with a large volume of that currency that is about to be out of circulation.
Next week, there will be new Bolivar bills of $ 500, $ 1000 $ 2000, $ 5000, $ 10.000 and $ 20.000, respectively.
“I have ordered Reverol, the Venezuelan Minister of Interior, to carry out a meeting with the Venezuelan bank association by coordinating the withdrawal of $ 100 Bolivar currency in 72 hours.” Nicolás Maduro said on his weekly television program.
“As Monday is the day off for the local banks, the deadline of 72 hours will start on Monday and we have to continue affecting those criminal groups. We are going to continue applying those groups of decisions to defend our nation from the attack carried out by them from Colombia.” Nicolás Maduro added.
Nicolás Maduro said that once the three-period concluded, there would be 10 additional more for those people who could exchange their $ 100.00 Bolivar currency for those ones of the same kind and / or depositing them into their bank accounts.
The Words by Nicolás Maduro
According to the Bolivarian government, the stores of the $ 100 bills are in Colombian cities mainly. They are in bordering cities such as Cúcuta and even in neighboring municipalities from Brazil; therefore, Nicolás Maduro ordered to close all the land, air and sea accesses so that those bills, which were taken by them, could not get back.
“You keep your fraud with you. Those Mafia groups have to be affected and Nicolás Maduro requested the highest legal punishment for all the responsible of it, regardless of their surname.”
The Venezuelan head of state reiterated the need about continue working through diplomatic channels so that the Colombian government forbids the selling of Bolivar currencies at higher rates than the official one in some places of the border.
Source: Radio Rebeldle