The independent website publishes a daily exchange currency tracker that the authorities are holding responsible for ...

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 ...

Cuba on Thursday alleged that U.S.-funded media outlet El Toque was manipulating Cuba's informal exchange rate to foment unrest on the island at a time when a plummeting peso has sent prices soaring.

After postponing the decision for several years, Cuban leader Miguel Díaz-Canel announced that the expected monetary unification between the island’s two currencies will begin in January. The Cuban ...

A communist experiment is letting average government workers in this eastern city enjoy a few things only foreigners and monied Cubans can usually afford: a good burger, a kicking jazz bar and stiff ...

In measure that acknowledges that the U.S. dollar is king in its black market, the Cuban government has reversed itself and will once again allow its nationals to deposit dollars in their bank ...

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HAVANA, Dec 10 (Reuters) - Cuba said late on Thursday it would scrap its dual currency and labyrinthine multiple exchange rate system in January, effectively devaluing the peso heavily to administer ...

The Cuban government announced Tuesday it plans to end the country’s dual-currency system. Presently, most Cubans are paid in the Cuban peso, or CUP, while the vast majority of goods on the island are ...

Cuba will end the two-currency system it has used for nearly 20 years. Since the collapse of the Soviet Union, Cuba has used either American currency or a peso that's pegged to the dollar alongside ...