In a surprise announcement in December, President Nicolás Maduro ordered the 100-bolívar note, the country's then-highest denomination, to be taken out of circulation in order to combat what he called "bill smugglers."
The Central American Economic Integration Bank (CABEI) is the first multilateral to accept Cuba as a member.
The decision by the national monetary council comes amid massive corruption scandals and investigations in Latin America's largest economy.
We estimate the country's GDP per capita at US$7,420 in 2017. The Dominican Republic posted real GDP growth of 6.7% in 2016, and its 7.1% average growth rate of the last three years is the highest in the Latin American and Caribbean region, said S&P in a press release
Moody's expects a real GDP growth in Argentina to pick up to 3% for 2017 and 2018. In turn, the recovery of economic growth should boost tax revenues at both the local and the federal level, said the rating agency in a press release.
The Organization of American States had called a meeting of foreign ministers to address the crisis in the country.
Banco Bradesco beat Q1 profit estimates, as loan-loss provisions were reduced more than expected.
Caixa and BTG jointly control Banco Pan, which is a medium sized lender.