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The Dollar Reaches 400 Cuban Pesos in the Informal Market

The price of the US dollar (USD) in Cuba’s informal market reached the 400 Cuban pesos (CUP) record mark on Monday, August 11, 2025.

The figure, calculated from partial data, could be even worse, as Cuba goes from being the world’s leading producer to importer.

An official Cuban newspaper laments the loss of value of the MLC and its replacement by the “empire’s” currency.

Twelve indigenous leaders detained in Nicaraguan prisons are suffering discriminatory and racist mistreatment, reveals a new report.

“I don’t know if it’s because people are trying to escape blackouts, but they’re buying like never before… even with prices switched to USD.”

The new system is already up and running, but “people still don’t know about it,” said an employee at the Obispo branch in Old Havana.

The increase in some pensions in Cuba was approved on Wednesday and will take effect on September 1st.

Groups of children and teenagers cling to moving vehicles to slide across the asphalt, as if practicing a kind of “urban skiing.”

Riding the bus into downtown or walking along its avenues is a true pleasure for those of us who enjoy architectural details. (21 photos)

Founded in the 1990s to circumvent the US embargo, GAESA has grown into the island’s dominant economic player.