Venezuela to knock three zeros off ailing currency
CARACAS (Reuters) - Venezuela's President Nicolas Maduro ordered a "redenomination" of the ailing bolivar currency on Thursday, knocking off three zeros amid hyperinflation and a crippling economic crisis.
The measure would take effect from June 4, he said.
(Reporting by Vivian Sequera and Corina Pons; Writing by Andrew Cawthorne; Editing by James Dalgleish)
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