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

The US dollar, nigh impossible to obtain legally in communist-run Cuba, has become a coveted commodity raking in double the state-determined exchange rate on the black market as the peso falters.

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 ...

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 ...

The Cuban peso was trading at nearly 100 to the dollar on the informal market Tuesday, according to a trader and online trackers, a depreciation of more than 30% in less than a month and four times ...

HAVANA (Reuters) - Cuba announced it will begin purchasing on Thursday dollars and other convertible currencies at nearly five times the current rate in an effort to undercut the informal money market ...

The Havana money changer has his regulars: Cubans who want to travel abroad. American visitors. And, increasingly, Cubans who want to buy U.S. greenbacks and hold on to them. “The dollar is backed by ...

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 ...