Tag Archive for: black market

Cuba gripped in dollar frenzy, peso under pressure

HAVANA, Feb. 3th (AFP) The US dollar, nigh impossible to obtain legally in Cuba, has become a coveted commodity raking in double the state-determined exchange rate on the black market as the peso falters. Read more

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Cuba’s Black Market Responds to Chronic Shortages

Cuba’s Black Market Responds to Chronic ShortagesHAVANA, Jan 31th (HT) The black market exists everywhere, but in Cuba, an exception of a country under a so-called “socialist” government, shortages determine Read more

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