CUC RIP

[Johnny-O!]

Yesterday the Cuban government asked locals to turn in their USD at a 1:1 rate. The locals will be using a debit card system but it hasn't been explained what the situation with us tourists will be. Also no info on any other currencies. The Cuban Peso will still be used but not in any of the larger state run stores. Paladares, Casa Particular, Taxis, and local vendors and farmers markets can accept the Cuban Peso. Read this in El Nuevo Herald (in Spanish) have yet to see something published in English. John

 

[The Black Cloud]

Crazy. Hope you're doing okay, John.

 

[ironpeddler]

Yesterday the Cuban government recalled CUC's and asked locals to turn in their USD at a 1:1 rate. The locals will be using a credit card system but it hasn't been explained what the situation with us tourists will be. Also no info on any other currencies. The Cuban Peso will still be used but not in any of the larger state run stores. Paladares, Casa Particular, Taxis, and local vendors and farmers markets can accept the Cuban Peso. Read this in El Nuevo Herald (in Spanish) have yet to see something published in English. John

Still nothing in the US, Canadian or European media...I wonder why?

 

[Johnny-O!]

There was an article on July 17, 2020 in the Miami Herald in English but not too many details. Just that the 10% tax will be removed on the CUC/USD change. Officially it starts today. John