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foreign exchange

Cuba Restricts Imports Amid Reports of Cash Shortage

October 18, 2015October 18, 2015 by Simons Chase
Cuba Restricts Imports Amid Reports of Cash Shortage

According to a report by Reuters, Cuba’s government is responded to a liquidity shortage by cutting imports and extending credit terms with trading partners. The effects of a severe drought and low commodity prices are the culprits in the latest challenge for the struggling island nation. Cuba is dependent on both exports of commodities and … Read more

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