Cash-starved Cuba this month opened the first grocery store to accept hard U.S. currency on the island in nearly two decades, ...

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Cuba has opened its first grocery store in nearly two decades to accept U.S. dollars. This move highlights the island's ...

This statement overlooks the fact that most Cubans are paid in national currency, preventing them from purchasing basic goods in these dollarized markets, which are evidently aimed at collecting ...

HAVANA - Cash-starved Cuba this month opened the first grocery store to accept hard U.S. currency on the island in nearly two decades, the latest sign in ... lucky few with dollars on an island ...

The U.S. dollar remains a key player in Cuba's informal market, currently exchanged at a rate of 340 Cuban pesos per dollar. This rate underscores the high demand for foreign currencies amid the ...

As Cuba-US Relations Sour, the Island Needs Dollars More Than Ever ... store to accept hard U.S. currency on the island in nearly two decades, the latest sign in a trend towards dollarization ...