After two days of protests and looting episodes because of cash shortage, President Maduro has decided to allow the 100Bs. bills to continue circulating at least until January 2, 2017.
Venezuela, explained Maduro, “is the victim of a persecution so that the new [higher denomination] bills do not arrive in the country. Today [December 17] we should have had here the new 500Bs., 2,000Bs., and 20,000Bs. bills, but they simply could not arrive because the special planes [carrying them] were sabotaged.”
The Agencia Venezolana de Noticias also explained that “these actions were driven by the international right-wing as part of the economic war that they lead. It is a form of revenge for the measure by the Venezuelan State of taking out the 100Bs. notes in order to neutralize the mafias that act from Cúcuta, Colombia, and extract the bills from Venezuela to damage the economy of the country.”
Despite the chaos of the last two days, President Maduro said the “experiment” of removing the 100Bs. notes form circulation has been a great success, as it has “revealed” to the public the existence of these mafias, which have received a “powerful coup.”