In a significant shift for its currency management, Cuba plans to introduce a floating exchange rate by 2025, aligning the ...

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This December 24th, as Cubans prepare for Christmas Eve, they face significant challenges in assembling a traditional dinner, ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The Cuban Government has announced it is taking steps to unify the country’s two currencies. It is a bold and challenging undertaking, but it might just come to be the defining achievement of Raul ...

The money is provided in Cuban pesos. The approximate ruble to Cuban peso exchange rate is about 1 to 1.5, not counting operation fee.