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Cuba quashes rumors currency unification around corner HAVANA (Reuters) - Cuba's central bank on Thursday quashed rumors that it would withdraw one of the Communist-run island's two currencies from circulation over the weekend, after nervous Cubans had rushed in recent days to exchange their CUCs for pesos. The date for the start of the ...
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Currency Standardization in Cuba, Urgency and Complexities As revenues were seriously affected, the Government resorted to a group of measures, including the liberalization of the circulation of other currencies on the national territory in July 1993. That contributed to promoting tourism, boosting direct foreign investments and facilitating a different connection with ...
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