Check Today's Cuban Dollar Rate: Informal Market Trends
Navigating Cuba's Informal Currency Market: Understanding the USD/CUP Exchange The Cuban economy operates on a dual currency system, officially using the Cuban Peso (CUP) and the Cuban Convertible Peso (CUC), but the informal exchange rate for US dollars significantly impacts daily life. This article explores the dynamics of Cuba's unofficial currency market, examining its fluctuations, contributing factors, and the implications for individuals and businesses. Understanding this market is crucial for comprehending the complexities of the Cuban economy....