The shelves are often empty in Cuban government-run grocery stores that accept only payments in MLC, a virtual currency introduced in 2019 that has lost much of its value.

Cuba announced on Monday it would begin exchanging dollars and other foreign currency for the local peso on a limited basis after a two-year hiatus during which residents turned to an informal ...

Use our currency converter to find the live exchange rate between RUB and CUP. Convert Russian Ruble to Cuban Peso ...

Depending on the restaurant, store, or service, one might pay with the Cuban peso, the dollar, the euro, or the MLC, a virtual currency launched in 2019 by the government.

Cuba announced it will begin purchasing on Thursday dollars and other convertible currencies at nearly five times the current rate in an effort to undercut the informal money market and capture ...

Cuba made effective Saturday April 9 the 8% devaluation of the US dollar in Cuban territory after having abolished the circulation of the green back replacing it by the Cuban convertible peso or ...

The shelves are often empty in Cuban government-run grocery stores that accept only payments in MLC, a virtual currency introduced in 2019 that has lost much of its value ...

Cuba resurrects dollar-only stores, a symbol of inequality HAVANA, Cuba (AFP) — In communist Cuba, some customers are more equal than others, as a 40-year-old math teacher who was out shopping ...