Return to the US Dollar in Cuba: What about the CUC?
The bulls are loose. Days after the decision to dollarize segments of Cuba’s durable goods market, the CUC (Cuba’s convertible currency) depreciated by 10 to 20 percent.
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Oscar Fernandez Estrada
Shopping in Cuba and the Stubborn Addiction of Consumers
A person goes to the market. It might be a father or mother, young or old, maybe a government employee, or someone who’s unemployed, a housewife, a business owner, or a journalist … a Cuban.
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