Economy in Cuba

Buses at 800 pesos and "real competition" in transportation: Tunero municipality boasts about its economic "achievements."

Inflation is accelerating in Cuba and could reach around 25% this year

Economists from the University of Havana anticipate another contraction of the Cuban economy in 2026

Dollar and euro rise in Cuba, reaching new highs in the informal market

"This is not the socialism we had envisioned," they assert during a meeting on economic transformations in Las Tunas

Price of the dollar, euro, and MLC in Cuba today: this is how they close on September 24th

Mipyme rejects a $100 bill for being folded, and a Cuban denounces the situation on social media

Young person reveals the harsh reality of surviving in Cuba: "It's waking up every day in a horror movie."

The informal market in Cuba closes with the rise of the dollar and the euro

A Cuban doctor explains inflation with a corn fritter: "They multiplied its price by 30 and my salary by 6."

Agropecuaria Artemisa accumulates million-dollar debt with producers

The economist is confident that Cuba will never dollarize, not even during a transition

Cuba extends pension payments through small and medium-sized enterprises

Switzerland and Cuba: yesterday and today

Dollar and euro remain unstoppable in Cuba: this is their cost at the close of Tuesday

Families in South Florida earn more but still struggle to cover the cost of living

Cuban shows everything she can buy with a salary of 5,000 pesos: she is left with only 70

The Fidelist ideological campaigns continue: an international brigade is being promoted from Argentina

This is how the informal market closes in Cuba: the dollar and the euro end the day on a rise

The Cuban government promises prices that are up to 30% lower in its new "neighborhood markets."

"Always Experiencing": Cubans Question the Government's Admission of Ignorance Regarding the Outcome of Its Reforms

This is how the informal market closes in Cuba: the dollar rises while the euro remains stable

"Are there still state-owned companies?": Cubans respond with skepticism to "Balancing the Box"

Uncertainty in Havana over economic reforms: "We don't know what the outcome will be."

Economist Pedro Monreal: New private exchange house in Cuba quotes closer to the street rate than the official rate

This is how the informal market closes in Cuba: The dollar and the euro finish with an increase

Bandec in Guantánamo receives only a third of the money it needs each day

How much does it cost to support a small family in Havana? One estimate exceeds 200,000 pesos per month

More than 700 pesos per dollar in Cuba: Is this becoming the new normal?

The dollar surpasses 700 pesos and closes at a new high in Cuba

Foreign Affairs warns that Cuba is approaching a "point of no return."

This is what the interior of Cuba's first private exchange, opened in Santa Clara, looks like

This is how the informal market closes in Cuba: the dollar rises while the euro remains stable

"When a bill is worth much more than a month's wages": Cuban economist on new banknotes in Cuba

The first private currency exchange is now operating in Cuba: why its operations matter more than they seem

Are Mipymes the problem in Cuba? Elías Amor responds emphatically: the blame lies with the regime

Economist estimates that Cuba needs to grow by 5% for a decade: is it possible?

Monreal and complementary reports from Harvard and Cuba Transformation for the future of the island

Cuba opens the door to private and foreign capital in its banking system

Pause for the dollar and the euro, but the MLC surprises with a significant rise in Cuba

Expensive or cheap? This is what a Cuban doctor paid to get her nails done on the island

This is how the informal market closes in Cuba: the dollar ends the day stable while the euro rises

"To infinity and beyond": Cubans react to new 10,000 and 20,000 peso bills

Cuba introduces 10,000 and 20,000 peso bills into circulation starting September 16

Is Cuba headed towards total dollarization? Economist analyzes the future of the peso

A Cuban woman reports that BANDEC is denying her husband the cash for a legal payment from ETECSA

The informal currency market tightens this Tuesday: the dollar, euro, and MLC rise again in Cuba

This is how the informal market closes in Cuba: the dollar rises to 698 pesos and the euro threatens to reach 800

Díaz-Canel, on his knees before Cuban private entrepreneurs

This is how the informal market closes in Cuba: The dollar and the euro end the day higher

The dollar refuses to give in, and the euro keeps rising in Cuba

Palmares is auctioning more than a dozen cafes and sales points in Havana amid the collapse of state management

The euro reaches 788 pesos, and the dollar approaches 700 CUP in the informal Cuban market

This is how the informal market in Cuba closes: the dollar and the euro end on the rise

Cuba can develop its own franchises like DiTú, according to a MINCIN advisor

Cuban economist: "Three out of four times the leader falls, but not the regime."

This is how the informal market closes in Cuba: the dollar ends the day stable and the euro rises

The euro is gaining ground, and the dollar continues to approach 700 pesos

What one could buy with the minimum salary of a doctor in Cuba: "it's quite sad."

Cuba will experience the worst economic downturn in Latin America in 2026, with a contraction of 10.3%, according to ECLAC