This Sunday, February 1, the exchange rate for the US dollar remained at 485 Cuban pesos (CUP), according to the figures released by elTOQUE. For at ...
The informal currency market in Cuba is currently showing signs of stability, despite a recent surge of developments that ...
HAVANA -The Cuban peso traded on the informal market at an all-time low of 400 to the dollar on Monday, as the partial dollarization of the state-dominated economy gained momentum, stoking social ...
HAVANA (AP) – Cuba will eliminate a currency pegged to the dollar as part of a move to end its unique double-currency system, which had become a symbol of economic inequality to many islanders, Cuba’s ...
In Havana, a phrase is widely printed on restaurant menus and displayed by shop owners: “exchange rate of the day.” This daily rate is used to calculate prices for U.S. dollars or euros, which are ...