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This Wednesday, the values of the U.S. dollar, the euro, and the Freely Convertible Currency (MLC) remain unchanged in Cuba's ...

Lack of access to foreign currency means monopoly operator, Etecsa, is unable to invest in its network It has an ...

Trump’s decision to return the island to the list of countries sponsoring terrorism halted the release of the 553 detainees ...

Despite predictions of its imminent demise, the Freely Convertible Currency (MLC) in Cuba unexpectedly appreciated in value ...

The Díaz-Canel government has announced a ‘partial dollarization’ in its latest attempt to steer a completely bankrupt ...

Secretary of State Marco Rubio said the U.S. will ban certain Cuban payments, mirroring Trump's pressure on cross-border ...

The money-transfer company's move came after the U.S. State Department last week renewed sanctions against the island nation.

A supermarket that accepts dollars has opened in Havana, part of growing dollarization in Communist-led Cuba. The government is short of foreign currency, which it says it wants to use to fund social ...

STORY: This is the first grocery store to accept hard U.S. currency in Cuba in nearly two decades. Open a few weeks, it's part of the growing use of the dollar in the Communist-run country ...

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