Cuba Expands Trade Dollarization

Since October, 80 new foreign currency stores have opened in Cuba, where mainly appliances and car parts can be purchased in foreign currency.

RIO DE JANEIRO, BRAZIL - Cuba's government has announced new measures to expand the sale in foreign currency of products in great demand. In future, private cars will only be available in US dollars, euros, and other hard currencies. Simultaneously, the range of products in new stores is to be significantly improved. With . . .

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