Name: Currency Collapse in Cuba
Uploaded: 2021-04-12T20:05:28+00:00
Duration: 1 min 39 s
Description: #Cuba has two different currencies. Convertible #pesos, which is pegged to the U.S. dollar and mostly used by tourists and Cuban elites, and Cuban pesos, which are used by most Cubans for daily transa

4 years ago

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NTD NTDTV NTDNews ChinaFocus ChinaInFocus XiJinPing China ChinaNews CCP Communist Communism

#Cuba has two different currencies. Convertible #pesos, which is pegged to the U.S. dollar and mostly used by tourists and Cuban elites, and Cuban pesos, which are used by most Cubans for daily transactions.

The communist country is planning on eliminating Convertible pesos, leaving Cubans concerned that prices on the island will skyrocket.

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