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Miguel Diaz Canel

The Central Bank of Cuba decided to temporarily suspend, as of June 21st of this year, all deposits with dollars in cash in the entire banking network of the Caribbean nation. It will affect natural persons, nationals or foreigners and legal entities. The measure was recently issued by…
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Cuba will have a single currency in 2021

Starting next year, Cuba will have a single currency after 26 years with a system of two local currencies, as reported by President Miguel Díaz-Canel. This measure has the objective of seeking more efficiency in the Cuban economy and thus,…