What are the potential consequences of a currency devaluation?

... currency with which to purchase automobiles and other American products. He ... have more knowledge of Cuba. It was pointed out that Mr. Hoyt3 had ... Sep 15, 2021 ... CSIS does not take specific policy positions. Accordingly, all views, positions, and conclusions expressed in this publication should be ... CUP - Cuban Peso. Our currency rankings show that the most popular Cuban Peso exchange rate is the CUP to USD rate. The currency code for Cuban Pesos is CUP ... 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. Mar 13, 2023 ... Currently there are two currencies in Cuba. The CUP (Cuban Peso) which is the national currency used for the purchase of most items, such as ... Discover the Cuban Peso, the official currency of the Republic of Cuba, its current value and how to use it ... Cuba does not have ATMs in all its cities, ... 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. 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 ... 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 ... 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".