My branch of the Banco Metropolitano. By Irina Pino HAVANA TIMES – I don’t recommend that anyone keep their dollars in a Cuban bank. And believe me, I have my reasons. My whole life, ever since I started working, I kept my money in banks. I had an account …

… Economists and Accountants (ANEC), Cuba’s Minister of Economy and … a desperate search for foreign currency, feeding the informal market … steps to “strengthen the national currency.” His preferred option, the … to making the Cuban peso the sole means of …

… flickr The Cuban Peso is the official currency, but dollars … flickr Blackouts happen regularly across Cuba. These interruptions affect lights … Wikimedia Commons Pharmacies across Cuba run low on basic … Commons Mobile service in Cuba is inconsistent. SIM cards …

… internet. Local chapters of Cuba’s Federation of University … Trouble began when Etecsa, Cuba’s state-owned communications monopoly … are switching away from the peso. There are rumours electricity … the lack of foreign currency and the significant reduction …

… SCAM has unleashed between Cuba’s dwindling population and … does not provide secure, legal currency exchange options, and prefers … , they said Cuba would finally have only one currency. Now there … are at least five (Cuban peso, USD …

… an announcement from ETECSA, Cuba’s state-owned telecommunications … and medicine. The Cuban peso plummeted, devaluing already low … pandemic, which decimated tourism, Cuba’s leading industry, further … or generate enough foreign currency reserves, due to the …

… ’s financial capital, where Cuba maintains an active consulate. … project. As for “national currency financing”—the bureaucratic term for … receive a one-million-peso budget for land preparation … In fact, officials from Cuba’s consulate in Shanghai have …

… . "Everyone is leaving Cuba," Ortega said. … private business opportunities in Cuba, allowing people to own … 2021, Cuba ended its dual-currency system, unifying the Cuban peso ( … moneda nacional, or national currency, caused logistical chaos. The …

… the repatriation of foreign currency. This decision comes amid … Cuban peso value. Foreign companies operating in Cuba have … . Additionally, the dual currency system and ongoing reforms … and restrictions on currency repatriation reflect Cuba’s efforts to …

… and exclude the magnetic MLC currency. However, recent reports confirm … measures aimed at raising foreign currency revenues shows that the government … where it was claimed the peso-based stations wouldn’t be … Times. Read more from Cuba here on Havana Times.