This Thursday, the American dollar, euro, and Freely Convertible Currency (MLC) continue to show stability in the informal ...

A new report by the Cuban Observatory of Currencies and Finance (OMFi) shows that more businesses are now operating mainly in ...

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The U.S. dollar has continued its upward trend in Cuba's informal market, hitting 370 Cuban pesos (CUP) this Saturday, ...

and the Convertible Cuban Peso (CUC) are both legal tender on the island, though neither are convertible in the foreign exchange markets. CUC is pegged to the dollar and most goods are valued in that ...

The Cuban convertible peso or "chavitos" are equivalent to one US dollar. However the "convertible" description of the new currency is questioned since it's only accepted in Cuba although it ...

This includes eliminating the double currency system ... Cuba has two currencies: the Cuban convertible peso (CUC), equivalent to 1.08 U.S. dollars, and the national peso (CUP), valued only ...

During a busy lunch rush at Havana, a Cuban restaurant in Arcata, Executive Chef Lisvany Ortega sat at a small wooden table, ...

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.