Currency: Recovery Package and Currency Monday

currency: In a tweet posted following the unveiling of Venezuela's new currency Monday, the country's president Nicolas Maduro hailed the recovery package as a revolutionary formula, according to CNN. The new Bolivar Soberano currency is worth 100,000 old Bolivares. The move, part of a dramatic raft of measures aimed at halting runaway hyperinflation, comes as thousands of Venezuelans continue to flee across the border into neighboring countries amid food and medicine shortages, political turmoil and soaring crime rates. We found the revolutionary formula that puts work in the center of the general re-adjustment of society, based on the production of goods and the value of salary. Read More I call on the people to defend -- conscientiously -- the adjustment of the prices on street, Maduro later said in another tweet.A bank holiday was declared Monday, with banks remaining closed as the new currency took effect. With that, we're gonna put to rest forever the perverse model that dollarized the prices in the country, tweeted Venezuela's 55-year-old leader. (news.financializer.com). As reported in the news.