Cuban president declared unification of country's 2 currencies - Israel News, Ynetnews
 
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Cuban president declared unification of country's 2 currencies

Published: 10.22.13, 16:33 / Israel News

Cuba's President Raul Castro announced the beginning of a process that unites the two existing currencies in the country for the past 19 years, the Cuban peso and the convertible peso, which is equal in value to the dollar and was mainly used by tourists.

 

"The cabinet approved the timetable for the unification of the currencies," said an official source. (AFP)

 

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