Cuba stopped accepting dollars in 2020 citing U.S. sanctions and stopped selling convertible currency for pesos to the public ... import-dependent economy grew 1.3% last year after declining ...

Since the collapse of the Soviet Union, Cuba has used either American currency or a peso that's pegged to the dollar alongside its national peso. The monetary unification will phase out a system ...

HAVANA, Cuba — The Central Bank of Cuba has announced an 8 percent devaluation of the island’s hard currency, the Cuban Convertible Peso or CUC ... puts the CUC at 1 X 1 with the US Dollar ...

Since a new currency structure came into force on January 1, the Cuban Peso or CUP -- its value artificially set by the government at 24 to the dollar -- is Cuba's only legal tender. But ...

The Central Bank of Cuba will add new anti-counterfeiting measures to the 20, 50 and 100-peso bills in apparent preparation ... But the government-set rate of 25-to-1 held relatively steady ...

Cuba stopped accepting dollars in 2020 citing U.S. sanctions and stopped selling convertible currency for pesos to the public soon after ... import-dependent economy grew 1.3% last year after ...

Since the collapse of the Soviet Union, Cuba has used either American currency or a peso that's pegged to the dollar alongside its national peso. The monetary unification will phase out a system ...