In communist Cuba, some customers are more equal than others, as a 40-year-old math teacher who was out shopping recently in Havana with his son discovered. Cuba resurrects dollar-only stores, a ...

Neither currency has value outside of the island but within Cuba the CUC is pegged to the U.S. dollar and has 25 times the value of the CUP in stores selling imported goods and even basic ...

Cuba will end the two-currency system it has used for nearly 20 years. ... The monetary unification will phase out a system that has become a symbol of exclusivity and foreign wealth.

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 country says it will unify the two currencies.

HAVANA (AP) — Cuba will eliminate a currency pegged to the dollar as part of a move to end its unique double-currency system, which had become a symbol of economic inequality to many islanders ...

In communist Cuba, some customers are more equal than others, ... Cuba resurrects dollar-only stores, a symbol of inequality. By. AFP. Published. March 28, 2025 ...

In communist Cuba, some customers are more equal than others, as a 40-year-old math teacher who was out shopping recently in Havana with his son discovered.

Cuba resurrects dollar-only stores, a symbol of inequality. Havana (AFP) – In communist Cuba, some customers are more equal than others, as a 40-year-old math teacher who was out shopping ...

The Caribbean nation of 9.7 million is experiencing its worst economic crisis in 30 years, marked by shortage of food and fuel, recurring blackouts and a critical shortage of hard currency.