In landmark economic reform, Cuba plans to end to dual currency system in 2021

FRANCE 24 English published this video item, entitled “In landmark economic reform, Cuba plans to end to dual currency system in 2021” – below is their description.

Cuba plans to put an end to its dual currency system from January 1, 2021. Since the 1990s, Cubans have had both the Cuban peso and also the Cuban convertible peso. The major reform would leave the Cuban peso as the country’s sole currency. While the transition to a single currency could come with growing pains, authorities believe it’s the right move in the long run.

FRANCE 24 English YouTube Channel

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About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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