How does the US embargo affect Cuba's access to international financial markets?

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 ... The only official currency in Cuba since January 1, 2021 is the CUP (Cuban Pesos). It is important to mention that the exchange of US dollars to Cuban pesos is ... The national currency in Cuba is the Cuban Peso (CUP). One Cuban Peso is equivalent to 100 cents. There are bills of 1, 3, 5, 10, 10, 20, 20, 50, 100, 200, 500 ... Jan 14, 2021 ... Cuba removed from circulation the convertible peso (CUC); only the CUP and USD will remain. · Cubans can exchange their convertible pesos (CUCs) ... What Kind of Money is Used in Cuba? ... The Cuban currency is known as the CUP, or Cuban Peso. It is also referred to as "moneda nacional" - or "national money". The only Cuban currency nowadays is the CUP. Which should make things more simple, right? WRONG!!! Cuba is edging towards a digital economy and your bank cards ... Apr 27, 2024 ... Cubans have to grapple with yet another hurdle while navigating an ... currencies circulate, including a virtual currency, MLC, created in 2019. The official Cuban currency is known as the CUP, or Cuban Peso. It is also referred to as “moneda nacional” (“national money”). If you've done some research on Cuba, you might have come across the fact that Cuba had two official currencies: the Cuban Convertible Peso (CUC), primarily ... Jun 6, 2024 ... Everyone will be happy to take Canadian money in resort towns. Cubans can NOT spend Canadian coins, only bills. ( At the resorts they exchange ...