Single currency a step closer for ALBA nations

(GLOBAL TIMES) — The creation of a regional currency among Latin American countries drew closer over the weekend as Cuba agreed to pay for a shipment of Venezuelan rice in sucres – the new currency.

Cuba signed an agreement on Saturday to pay for the shipment in sucres, Rogelio Sierra, the nation’s deputy foreign minister, was quoted by the AP as saying, without specifying what the shipment was worth.

via Global Times – Single currency a step closer for ALBA nations.

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