The Cuban peso hit an all-time low Wednesday against the U.S. dollar in Cuba's widely used informal market, reflecting a deepening crisis as the Trump administration’s restrictions on oil imports ...

Cuba will begin allowing transactions in dollars and other foreign currencies as it tries to stabilize an economy that’s been crushed by US sanctions, sweeping power outages and decades of ...

The US dollar, nigh impossible to obtain legally in communist-run Cuba, has become a coveted commodity raking in double the state-determined exchange rate on the black market as the peso falters.

HAVANA -The Cuban peso traded on the informal market at an all-time low of 400 to the dollar on Monday, as the partial dollarization of the state-dominated economy gained momentum, stoking social ...

In a rare scene of plenty in Cuba, the shelves are full at a new state-owned dollar-only supermarket in Havana – Copyright AFP/File Dave Chan, Mandel NGAN In ...

Add Yahoo as a preferred source to see more of our stories on Google. The Cuban government has been fooling U.S. sanctions by concealing the true nature of the company that handles money sent by Cuban ...

HAVANA (AP) – Cuba will eliminate a currency pegged to the dollar as part of a move to end its unique double-currency system, which had become a symbol of economic inequality to many islanders, Cuba’s ...