Friday, 29 March 2024

USD / CUP

Recent News
  • Cuba's Dual Currency, More Complex Than it Seems

    10:56 | 23/2/18
    Havana Times
    HAVANA TIMES - The problem of Cuba's dual currency system has already been touched upon in numerous articles on this website, dealing with the negative effects that state-run companies bring to the table. more»
  • Cuba Prepares To End Dual Currency System

    18:15 | 17/2/18
    Caribbean360.com
    President Raul Castro has given his clearest hint yet that the Spanish-speaking Caribbean nation will adopt a single currency. “This issue has taken us too long and it cannot be delayed any longer,” Castro said in a speech in December. more»
  • Cuba Plans To End Dual Currency System

    20:30 | 14/2/18
    CHANNELS TELEVISION
    The country has had two currencies since 1994 when it introduced the Cuban Convertible Peso or CUC - alongside the Cuban Peso, the CUP - as part of measures to protect the economy in the wake of the collapse of its biggest sponsor, the Soviet Union ... more»
  • EU offers to assist Cuba with monetary consolidation

    18:48 | 1/2/18
    EURACTIV
    As US-Cuba rapprochement unfolded in 2015-2016 the EU dropped all sanctions and negotiated a political dialogue and cooperation agreement, the first between Cuba and the EU. Diplomats in Havana have said that the EU appears to sense an opportunity ... more»
  • Cuba is a lot poorer than the government reports, a new study shows

    00:03 | 23/1/18
    Miami Herald
    The study also shows that Cuba is much poorer than its government's data would indicate, because it overestimates the value of the Cuban peso by artificially making it equal to one U.S. dollar. The government issues two currencies - the Cuban peso and ... more»
  • Cuba Delays Historic Handover From Castro to New President

    05:18 | 22/12/17
    U.S. News & World Report
    A cash crunch has left Cuba behind on payments to its foreign providers, thereby affecting imports, Economy Minister Ricardo Cabrisas told the assembly. more»
  • What Americans need to know before traveling to Cuba

    00:47 | 18/12/17
    Lincoln Journal Star
    Accommodation - Hotels and resorts can be found all over Cuba, but if you want to truly experience Cuba, you'll first need to get to know Cuban people. The best way to do this is to stay in a casa particular, the Cuban version of a bed-and-breakfast ... more»
  • What We Found While Walking Through The Spaces Of Four Cuban Artists

    14:52 | 23/11/17
    VERVE
    He showed us a pack of paper towels that cost three convertible pesos (CUCs), but almost 40 Cuban pesos, which is essentially the monthly earnings of someone on a teacher's salary. more»
  • Trump's Cold-War Politics Are Hurting Ordinary Cubans

    00:03 | 16/11/17
    The Nation.
    Others, mostly concentrated in the poorer barrios of the cities and rural areas, as well as the older population cut off from the tourist economy, still receive their income in the lower-valued Cuban peso and expect their own standard of living to ... more»
  • Clueless on Cuba's economy

    04:22 | 29/9/17
    The Economist
    Gabriel makes 576 Cuban pesos ($23) a month as a maintenance man in a hospital. Leo runs a private company with revenues of $20,000 a month and 11 full-time employees. more»
Global Indices
CodeLastChange
COMP10,3213283.08%
DJI29,6354041.34%
SP5003,583872.37%
DAX12,438820.67%
FTSE7,48850.07%
NI22522,4204081.86%
TWI67.270.000.00%
No news available...
Currencies
CodeLastChange
EURUSD0.97210.00550.56%
NZDUSD0.55480.00931.65%
AUDUSD0.61940.01071.70%
NZDAUD0.89640.00100.11%