What are the implications of these scenarios for the Cuban people and the global economy?

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 ... Nov 28, 2019 ... The issue of this fee had not attracted much attention from Cubans, since individuals used predominately the national currency (CUP) and the ... Jan 25, 2024 ... Others point to the damage caused by longstanding US economic sanctions that, to varying degrees, have been in place since 1962. But which of ... Since Cuban currency isn't available outside of the country, you won't be able to pick up any before you head off. The best currencies to take with you to Cuba ... 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 ... What currency is used in Cuba? Cuba uses the convertible peso (CUC) and ... Using a Cuban passport for this purpose does not jeopardize one's U.S. ... What is the Best Currency to Use in Cuba? Legally, the only currency you can use in Cuba is the Cuban peso (CUP). However, most Cubans would be glad to accept ... The Cuban Peso, which is used for the vast of purchases by Cuban residents, cannot freely be converted to any other currency. Nov 10, 2015 ... Later on in 2004 the government decided to forbid using foreign currencies at stores and hotels, and they forced Cubans and tourist alike to ... Feb 15, 2024 ... Instead, clients in Cuba receive the money in a virtual currency known as MLC. And Cuban banks, which do not have enough foreign currency, do ...