Cuba: the changes that must be made
More than a month and a half later, the program that will implement the changes in the economy announced in ...
Tag: dollarization of cuban economy
Clásica, new card for payments in dollars in Cuba
Financiera Cimex S.A. announced that the card will be operational from January 24 throughout the country’s commercial network where electronic ...
Dollar yes, dollar no, dollar yes: In the end, what is convenient?
The country does not have time to overcome in the short term the imbalances present in the national reality. The ...
Cuba highlights regional agreement to counter inflation
Miguel Díaz-Canel participated, virtually, in a meeting of presidents of Latin America and the Caribbean convened by Mexico with the ...
Recover or save the Cuban economy?
The real challenge for those responsible for the economy in Cuba is not the distribution of scarce goods, but to ...
Is the dollar being appreciated? And the prices, when do they go down?
In popular logic it is not understood that, while the informal exchange rate is going down, prices remain the same ...
Cuba: the dollar reaches 150 pesos in the informal market
This Sunday, the U.S. currency maintained the same value, reached yesterday, which equalized it with the euro, while the virtual ...
Partial dollarization in Cuba: a vision of the excluded
Cuba does need foreign currency. What is not clear is whether the social cost the nation will pay for this ...
Cuba: purchase of foreign currency from population announced
The exchange rate will be 120 Cuban pesos for one dollar, said the Minister of Economy and Planning. The sale ...
“This hot summer”
Unstoppable prices, long lines, transportation problems, blackouts, a resurgence of dengue fever, and suffocating temperatures are part of the current ...
Remittances: when the dollar returns to the economy
On the dollarization board, remittances are the essential piece.
Economists: Revaluation of Cuban peso does not necessarily anticipate improvement of economy
In the opinion of experts consulted by EFE news agency, the recovery of the island’s national currency in recent weeks ...
Money matters
Money matters. This is a typical phrase of monetarism, one of the currents of mainstream economic thought. Three views on ...
Cuba: socioeconomic context in 2021
The Cuban economy has grown slowly for a long time, and since the middle of the last decade it has ...
Unraveling suspension of cash dollar deposits in Cuban banks
Analysis of the Cuban Emeritus Professor of Economy on the recent measure.
Cuba: prepaid cards in freely convertible currency for tourists in Varadero and Cayo Coco
Designed by the Cuban Credit and Commerce Bank (BANDEC), this product is initially aimed at international travelers not residing on ...
Welcome to the plastic dollar!
Having foreign currency is a growing need for the national economy, among other things because the weakness of its productive ...
Omar Everleny: “dollars will always be a means treasured by private businesses”
“There are several options that the State knows can be put in place in the shortest possible time.”
Cuba “temporarily” suspends cash deposits in dollars
When announcing the decision, the Central Bank of Cuba (BCC) affirmed that it is made “in view of the obstacles ...
Partial dollarization of Cuba’s economy vs monetary reunification
It took off in 2020. A bad year was left behind, the precise evaluation of which requires an almost act ...
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