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Latin American Economy & Business - March 2014 (ISSN 1741-7430)

Cuba’s exchange rate unification: what will replace a flawed system?

Cuba’s government has confirmed that it plans to abolish the ‘convertible peso’ (CUC) and to revalue the Cuban peso (CUC). As yet, there has been no comment on a key question: what currency regime will replace the present system?

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