The Cuban Peso (CUP) is Cuba's official currency, used for local transactions and historical purposes. Explore its history and place in Cuba's monetary system.
On December 31, the U.S. dollar concluded the year trading at 435 Cuban pesos (CUP) in the unofficial market, according to ...
HAVANA -The Cuban peso traded on the informal market at an all-time low of 400 to the dollar on Monday, as the partial dollarization of the state-dominated economy gained momentum, stoking social ...
The informal currency market in Cuba kicks off the final week of the year with another surge in the Freely Convertible ...
MICHAEL J. BUSTAMANTE is Emilio Bacardí Moreau Chair in Cuban and Cuban-American Studies at the University of Miami and the author of Cuban Memory Wars: Retrospective Politics in Revolution and Exile.