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Home » Archives » October 2004 » Cuba to End Circulation of U.S. Dollar Nov. 8

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10/25/2004:

"Cuba to End Circulation of U.S. Dollar Nov. 8"

HAVANA (Reuters) - Cuba said on Monday that it was ending circulation of the U.S. dollar in its territory as of Nov. 8 in response to tightened U.S. economic sanctions.

Cubans, foreign residents and tourists will have to use locally printed convertible pesos, equal in value to the dollar, a Central Bank decree read on television said.

Full Article : reuters.com





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