Venezuela pulls highest-value banknote

Posted online December 12, 2016 | 12:20 pm

The Venezuelan government announced it will remove the country's highest-denomination banknote from circulation within 72 hours to combat contraband.

There currently are over 6 billion 100-bolivar notes in circulation, which is roughly half of the country's currency.

President Nicolas Maduro says the move will stop gangs from hoarding the notes.

Read more from BBC News.

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