Venezuela Receives Lot of Banknotes of New Monetary Unit

Caracas, Feb 28 (Prensa Latina) Manuel Perez Urdaneta, Vice Minister of Security and Citizen Prevention, has confirmed today the arrival to this capital of the ninth cargo of the monetary unit''s banknotes in force in Venezuela since December.

Coming from the island of Malta, we have received this morning a lot with denominations of 2,000 and 20,000 bolivars, the official said in statements to the state TV channel Venezolana de Television.

They are 6.1 million pieces of 2,000 and 25.6 million of 20,000, he said.

According to Perez Urdaneta, the process of market injection of each of the banknotes and coins that are in circulation in the South American nation continues timely and calm.

These banknotes have security features including a watermark and electrolyte, perfect registration, micro-text, security thread, watermark for visually impaired people and fluorescent type printing.

The BCV announced in December 2016 the entry into circulation of banknotes of 500, 1,000, 2,000, 5,000, 10,000 and 20,000 bolivars, whose graphic characteristics are similar to the monetary unit in force since 2008.

A cargo of banknotes of the denomination of 1,000 bolivars, equivalent to 30 billion bolivars (about $3 billion USD) arrived in the country on Wednesday, February 24th.

The new banknotes are 500, 1,000, 2,000, 5,000, 10,000 and 20,000 bolivars, while the coins are 10, 50 and 100.