ATMs, banks run out of cash in Venezuela

Sunday, 18 December 2016 12:49 AM [ Last Update: Sunday, 18 December 2016 12:50 AM ]

A woman in the surroundings of the Simon Bolivar international bridge -which links San Antonio del Tachira, Venezuela with Cucuta, in Norte de Santander province, Colombia- buys a drink using Colombian notes due to the lack of Bolivar notes, on December 17, 2016. (Photo by AFP)

Jesus Silva
Press TV, Caracas

Another economic problem has loomed in the skies of the Latin American nation of Venezuela as cash machines and banks run out of 100-bolivar-banknotes. And the reason? Because the government wants to tackle a clandestine smuggling scheme. From Caracas, Press TV’s correspondent Jesus Silva explains about the problem and the government’s response to it.

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