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Venezuela's Elorza Issues Its Own Paper Currency Amid Cash Crunch

Business | Reuters | March 21, 2018, 12:58 pm
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 A woman shows Elorza notes at her home in Elorza, Venezuela. A western Venezuelan city began to issue its own currency this week to alleviate the hyper-inflationary country’s cash crisis (Image: Reuters)

A woman shows Elorza notes at her home in Elorza, Venezuela. A western Venezuelan city began to issue its own currency this week to alleviate the hyper-inflationary country’s cash crisis (Image: Reuters)

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 Stacks of Elorza notes are seen at a currency exchange office in Elorza, Venezuela. (Image: Reuters)

Stacks of Elorza notes are seen at a currency exchange office in Elorza, Venezuela. (Image: Reuters)

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 A woman counts Elorza notes at a currency exchange office in Elorza, Venezuela. (Image: Reuters)

A woman counts Elorza notes at a currency exchange office in Elorza, Venezuela. (Image: Reuters)

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 A stack of Elorza notes are seen at a currency exchange office in Elorza, Venezuela. (Image: Reuters)

A stack of Elorza notes are seen at a currency exchange office in Elorza, Venezuela. (Image: Reuters)

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 A man stands next to placards that read

A man stands next to placards that read "Elorza notes are accepted here" and "There is plainsman's soup" in Elorza, Venezuela. (Image: Reuters)

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 A man gives an Elorza note to a vendor in Elorza, Venezuela. (Image: Reuters)

A man gives an Elorza note to a vendor in Elorza, Venezuela. (Image: Reuters)

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 A placard that reads

A placard that reads "Elorza notes are accepted here. Note: A percentage will be charged" is seen at the entrance of a bar in Elorza, Venezuela. (Image: Reuters)