Cuba

Cuba's Currency Conundrum: Four Ways To Pay

In 2021, the Communist government merged the two national currencies that had been circulating in the country: the Cuban peso and a convertible peso which had been artificially aligned with the dollar and could also be exchanged into other foreign currencies.

Cubans Prepare For New Inflation Wave

Many residents in Havana, the capital of Cuba, have shared that there has been an increase in the price of several commodities since the government's announcement.

Budget-Crunched Cuba To Hike Fuel Prices Over 500 Percent

The cost of a liter of regular gasoline will rise from 25 pesos (20 US cents) to 132 pesos, while the price of premium gasoline will jump from 30 to 156 pesos, Minister of Finance and Prices Vladimir Regueiro said on state television.

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