US EditionThe Central Bank Creates the Conditions for Establishing an Official, Orderly, Transparent and Functional Exchange Market (+ Video)
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The decline of the dollar in the Cuban informal market this Sunday coincides with the announcement of an official exchange market by the regime. Economists point to a possible psychological effect, but without liquidity and confidence, the real impact is uncertain.
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With the aim of regaining sovereign control over the exchange rate in the country, the Cuban State is working on the implementation of a set of comprehensive measures related to the foreign exchange market, confirmed authorities of the Central Bank of Cuba.
Cubadebate
TrabajadoresCarbonell Karell stressed that at the moment there are more favorable conditions to advance the implementation of this policy, among which he highlighted the advances that are being made in the reduction of the fiscal deficit, and in the management of the State Budget, which allows consolidating other measures towards the path of macroeconomic stabilization. The post The Central Bank creates the conditions to establish an official, orderly, tran…
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