How can the international community best support Cuba's efforts towards economic reform and development?

Cubans are paid CUPs, or Cuban national pesos, but most consumer goods are priced in CUCs, or Cuban convertible pesos. Jan 1, 2023 ... ... currency, for people who have euros or other foreign currency. The vast majority of Cubans do not have access to such currency. On June 10 ... Many international baseball stars have come from Cuba, and the Cuban ... Soon after, Cuba did the same in the United States. HISTORY. Cuba's original ... Cuban Pesos (CUP) aka Moneda Nacional (MN) is the currency that most locals are paid in, and what they use for essential goods such as rationed food, utilities, ... Jan 7, 2024 ... ... do in Cuba. I generally prefer to use ATMs to get local currency but it appears that ATMs might not be readily available and reliable. icon money Money in Cuba ... After operating with a dual currency system – the CUP (Cuban peso) and the CUC (Cuban convertible peso) – since the early 1990s, in ... Cuba used to have two currencies. Cuban citizens used regular Cuban pesos ... Then there are the places where only a charge card will do. They include ... Feb 26, 2025 ... The currency doesn't exist as cash and its value is pegged with the US dollar. It's used mainly by Cubans with special magnetic cards. Apr 27, 2024 ... For example, the official rate used by government industries and agencies is 24 pesos to the U.S. dollar, while for individuals, the rate is 120 ... Apr 28, 2022 ... Cubans themselves still used the local currency, the CUP, but ... So, what do we recommend? To an extent this depends on the sort of ...