Some Venezuelans worried on Thursday about how to pay for public transport and gasoline after leftist President Nicolas Maduro announced plans to slash five zeroes off the country's bolivar currency, rather than the three originally planned.
The more aggressive so-called currency redomination comes in response to Venezuela's hyperinflation, which the International Monetary Fund has said will soar to 1 million percent this year, destroying salaries and throwing the OPEC nation's already battered economy into a deeper tailspin.
Maduro's announcement late Wednesday night spawned confusion as to whether there would be legal tender small enough to pay for public transit or gasoline — which is so subsidized that filling up a car at a gas station costs less than the equivalent of $0.01 at the black market exchange rate.
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