The informal currency market in Cuba kicks off the final week of the year with another surge in the Freely Convertible ...
On December 31, the U.S. dollar concluded the year trading at 435 Cuban pesos (CUP) in the unofficial market, according to ...
HAVANA -The Cuban peso traded on the informal market at an all-time low of 400 to the dollar on Monday, as the partial dollarization of the state-dominated economy gained momentum, stoking social ...
MICHAEL J. BUSTAMANTE is Emilio Bacardí Moreau Chair in Cuban and Cuban-American Studies at the University of Miami and the author of Cuban Memory Wars: Retrospective Politics in Revolution and Exile.
A man holds dollar bills for a picture in front of the new dollar-only supermarket 3ra y 70 in Havana on March 25, 2025. YAMIL LAGE AFP via Getty Images Amid an economic crisis of devastating ...
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