The independent website publishes a daily exchange currency tracker that the authorities are holding responsible for ...
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 ...
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 ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. HAVANA (AP) — Cuba opened shops Monday that ...
HAVANA (Reuters) - The Cuban peso was trading on the informal market at an all-time low of 230 to the dollar on Wednesday, slumping to half its value a year ago as consumers struggle with surging ...
After more than 25 years, Cuba is doing away with its dual currency system and getting rid of the Cuban Convertible Peso. What does the change mean for Cubans and for Cuban-Americans trying to help ...
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 ...
PESO PANIC? Cuban President Miguel Diaz-Canel (right) and Cuban communist party boss Raul Castro announce Cuba's currency unification last month. As Cuba unifies its two currencies, ordinary Cubans ...
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