Cuba’s Central Bank Suspends Deposits In Dollars, Citing US Economic War

cubas central bank suspends deposits in dollars citing us economic war

Sumary of Cuba’s Central Bank Suspends Deposits In Dollars, Citing US Economic War:

  • On Thursday the state-run Central Bank of Cuba (BCC) announced that it’s suspending all deposits in US dollars due to what it called America’s “economic blockade”.
  • Central Bank Vice President Yamile Berra Cires further cited as part of the rationale for the drastic move that some two dozen banks had halted business with the island in the wake of the prior Trump administration’s tightened US sanctions….

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