Marking the 65th anniversary of Cuba's banking nationalization, the Central Bank of Cuba (BCC) has introduced a special ...
Millions of Cubans depend on remittances from some of their 3m-plus relatives abroad. Or, increasingly, they join the private ...
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 ...
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 ...
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 ...
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
HAVANA, Jan 26 (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 ...
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 ...
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