Cuban official denies plans to issue higher-value notes
Deputy governor says rumours are inaccurate as citizens face cash shortages and inflation
A senior central bank official has denied rumours Cuba will introduce new, higher-denomination banknotes.
Deputy governor Alberto Quiñones Betancourt said “at the moment”, the central bank was “not thinking about in the short term working with banknotes in other denominations different from those in circulation”. Quiñones made the remarks in an interview with TV channel Canal Caribe on September 13.
Canal Caribe said he was responding to “unofficial reports on social networks and different
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