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Liquidity crisis

Cuba sells used cars for first time amid liquidity crisis

Cuba sells used cars for first time amid liquidity crisis

In efforts to dollarize the retail sector and its economy, Cuba’s government has begun selling used cars in tradable currencies for the first time. About a hundred prospective buyers showed interest in the sales held at a Havana outlet on February 25. Only 1 in 20 Cubans own a
The Millennial Source Feb 26, 2020

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