11-12-2016 22:22 via news.yahoo.com

Inflation-hit Venezuela to pull largest bill from circulation

By Girish Gupta CARACAS (Reuters) - Venezuela, mired in an economic crisis and facing the world's highest inflation, will pull its largest bill, worth two U.S. cents on the black market, from circulation this week ahead of introducing new higher-value notes, President Nicolas Maduro said on Sunday. The surprise move, announced by Maduro during an hours-long speech, is likely to worsen a cash crunch in Venezuela. Maduro said the 100-bolivar bill will be taken out of circulation on Wednesday and V
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