According to several sources there is a shortage of banknotes in Cuba, with long lines forming at ATM’s which only dispense 2,000 to 5,000 pesos. 

At the current informal rate of exchange this is equal to 6 to 17 U.S. dollars.

This seems to be caused by the inability of the Central Bank to print enough notes, coupled with their desire to force people to open bank accounts.

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