Venezuela authorises new currency notes, coins
Venezuela's President Nicolás Maduro on Monday authorised new banknotes ranging from 500 to 20,000 bolivars to deal with the soaring inflation in the country. He also extended the deadline for exchanging 100 bolivar notes, formerly the highest denomination in the country, for the third time until February 20. Notably, inflation in Venezuela is expected to reach 1,600% this year.