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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
and the Convertible Cuban Peso (CUC) are both legal tender on the island, though neither are convertible in the foreign exchange markets. CUC is pegged to the dollar and most goods are valued in that ...
On Thursday, the value of the U.S. dollar in Cuba's unofficial market saw a slight uptick, reaching 363 CUP, marking an ...
who is paid in Cuban pesos -- which he then converts into MLC, a virtual currency introduced in 2019 that has lost much of its value. As Michael was leaving the dollar-denominated store ...
In recent hours, the Freely Convertible Currency (MLC) has taken a noticeable dip, falling from 270 to 265 CUP in the Cuban informal market. This decline of five pesos within just 24 hours marks a ...