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Questions and answers on the suspension of U.S. dollar cash deposits

CUba Banco Dolar

The fierce financial persecution Cuba suffers as a result of the U.S. economic, commercial and financial blockade led to the decision by the Central Bank of Cuba (BCC) to announce the temporary suspension of cash deposits of U.S. dollars in the country’s bank branches. In view of the obstacles created by interventionistU.S. policy toour national banking system’s ability to deposit abroad the cash in U.S. dollars collected on the island.