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 ...
The Cuban peso is at its weakest against the US dollar since the 1990s, a currency tracker said Sunday, as the communist island struggles through its worst economic crisis since the fall of the Soviet ...
HAVANA (Reuters) – 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 ...
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.
Caribbean editor Gay Nagle Myers spent a week in Cuba on Insight Cuba’s people-to-people tour, visiting Havana and Trinidad and points in between. Her third dispatch follows. Click to read Gay’s first ...
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 ...
HAVANA – Cuba's central bank is devaluing the country's two types of peso by about 8 percent in relation to the dollar and other foreign currencies, hoping the move will spur exports and local ...
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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 peso's free fall is bad news for a population facing a grave economic crisis and unusually severe shortages of food, medicine, and other goods HAVANA, Cuba – The Cuban peso was trading at ...