Cuban foreign exchange reserves have fallen, state says
Unusual disclosure in official publication sparks speculation about country’s financial position
Cuba’s foreign exchange reserves have fallen sharply in recent years, according to figures published on the government’s Cubadebate news site. The disclosure, in a piece published in early January, is considered highly unusual by observers.
In the third part of the article, published on January 6, former economy minister José Luis Rodríguez said: “Regarding the international reserves, we estimate a reduction of $2,550 million over two years.” In an earlier segment, published on January 4
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