CIUDAD GUAYANA, Venezuela (Reuters) - At least 10 stores in a southern Venezuelan mining town were looted on Monday after they refused to accept low-denomination banknotes, locals said, a sign of how hyperinflation is roiling commerce in the South American country.
The stores in Guasipati had all turned down bills worth 50,000 bolivars, worth less than 2 U.S. cents. Merchants prefer receiving larger bills - the central bank in March said it was issuing a 1 million bolivar note - to avoid handling large handfuls of cash.
