Venezuela said it will issue higher-denominated bills as triple-digit inflation and a currency meltdown leave the country's largest note worth just around 2 U.S. cents on the black market. Six new bills ranging from 500 to 20,000 Bolivars will begin circulating on Dec. 15. Currently the largest-denominated bill is 100 bolivars, while a 2-liter soft drink bottle can cost 25 times that amount.
The issuing of new bills comes as Venezuela is bordering on economic collapse. The currency lost 67 percent of its value on the black market last month, falling to 4,587 bolivars per U.S. dollar - the steepest monthly plunge ever
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