Cuba takes another swipe at dual currency system

December 2, 2019

Mark Frank.

HAVANA (Reuters) - Two Havana department stores began on Monday to give change only in pesos, instead of the local dollar equivalent known as the convertible peso, in another step toward ending Cuba’s dual monetary system.

Link: https://www.reuters.com/article/us-cuba-economy/cuba-takes-another-swipe-at-dual-currency-system-idUSKBN1Y61Q8

JG: this is a very good step toward ending the confusion of having two currencies.