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Venezuela upgrades highest denomination banknote

The Central Bank of Venezuela has begun circulating an upgraded version of its highest value banknote denomination, the 100,000 bolivar note. According to the Central Bank of Venezuela press release, the new banknote has an upgraded watermark with “the face of the Liberator” (Simón Bolívar) and the Central Bank’s initials “BCV” shown in electrotype. The upgraded note…