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Cuba: Average State Salary Falls from US $18 to $16 a Month
02 Sep 2025 18:55 GMT
… the average state salary in Cuba during the first half … the depreciation of the national currency against the dollar, Cubans’ … the accelerated depreciation of the Cuban peso against the dollar on … in dollars and sidelines the Cuban peso, which buys less and …
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Cuba: Hotel Outsourcing to Stay Afloat
31 Aug 2025 15:28 GMT
… “Outsourcing hotel management in Cuba requires navigating significant regulatory … exchange rate between the Cuban peso for the foreign entity, … foreign currency not subject to the devaluation of the peso ( … to expand ownership in Cuba’s hotel industry should …
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A monetary apartheid?: Informal value of the Cuban peso plummets against the dollar
13 Aug 2025 21:06 GMT
… value of the Cuban peso against foreign currencies in Cuba’s informal … the value of the Cuban peso relative to the euro … falling value of the Cuban peso is likely due to increasing … increase its access to foreign currency. Newspaper Havana Times estimates …
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Cuban Currency Hits Record Low
13 Aug 2025 23:22 GMT
CUBA – The Cuban peso plunged to a record low … are stoking social tensions.
The currency has lost nearly 25% of … still lack access to foreign currency.
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Cuba today: Fidel Castro’s unfulfilled legacy
13 Aug 2025 23:46 GMT
… investments that capture hard currency take precedence over measures … and others argue, poverty in Cuba has become multidimensional — nutritional … with imported brands while peso markets go bare. The … as lifeline… and leverage
Cuba depends on the diaspora. …
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Cuba’s Guantánamo Official Press Lashes Out Against the ‘Virus’ of Dollarization
12 Aug 2025 07:09 GMT
… between virtual “convertible currency” and physical currency widened, becoming … disappearance of this virtual currency. Speculation had circulated … sustained devaluation of the Cuban peso and an unstoppable … serious journalism that reflects Cuba’s reality in …
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How a Spanish Food Products Vendor Makes Big $$$ in Cuba
04 Aug 2025 21:25 GMT
… company and the reality of Cuban peso markets—empty for most of … —comes from its operations in Cuba. However, the products sold … state-run markets in Cuban currency, but rather in dollarized … access to foreign currency.
Read more from Cuba here on Havana …
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Joint ventures in Cuba: promises, realities and distortions
26 Jul 2025 22:56 GMT
… a successful company in Cuba, capable of offering products … to convert the Cuban peso (CUP) into foreign currency — at least … Another distortion?
The foreign currency pricing policy also seeks … stores, which affects foreign currency income compared to previous …
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El Toque: A Digital Platform Influencing Cuba’s Currency Market
09 Jul 2025 03:09 GMT
… dedicated to portraying Cuba’s diverse social … currency rate tracker contributes to the devaluation of the Cuban peso … Independent economists attribute the peso’s depreciation to multiple … , and economic pressures facing Cuba amid ongoing challenges.
Author …
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Cuba: Sweating or Being Cool, the USD Makes the Difference
10 Jul 2025 02:50 GMT
… or air-conditioned spaces, in Cuba only those who pay in … register will only take foreign currency, and the air conditioning … or in the near-extinct peso shops—and this is true … s overriding priority: attracting hard currency above all else.
First published …