In Cuba, doubts resurface every time a currency exchange is announced. The question is repeated on the street and on social media: Are they paving the way for the dollar to become the "official" currency?
Banco Central de Cuba
Information from the Central Bank of Cuba on the use of the dollar in the country
Following the latest changes in Cuba's economic landscape The Central Bank today published valuable information about the mayor and the new measures.
The Central Bank of Cuba assures: “the MLC It remains, recupwould be its functionality.”
The president of the Central Bank of Cuba, Juana Lilia Delgado Portal, once again addressed the rumors about the fate of the so-called accounts in MLC During the Round Table discussion in which the rules for the management and allocation of foreign currency were announced, Delgado Portal was clear: those accounts “will be maintained” and work will be done to ensure that “recupgradually regain full functionality.”
Who will have to transfer 20% of their dollars to the state? The new rule on foreign currency in Cuba
The new foreign exchange management system approved by the Cuban government introduces an obligation that directly affects those who receive income in foreign currency within the country.
Who will be able to buy dollars from the Cuban state and at what price? The fine print of the new mechanism
The Cuban government implemented a new system to regulate the purchase of foreign currency at the official rate, following the entry into force of Decree-Law 113 of 2025 and its supplementary resolutions.
Cuba creates ACAD: the new filter for accessing dollars and euros
Through the Official Gazette, the Cuban Government creates the ACAD: the new mechanism that redefines access to foreign currency in the country, such as the dollar and the euro.
Historic change in Cuba: Central Bank will authorize other currencies to circulate legally
Historic changes continue in Cuba: Official Gazette confirms that the Cuban Central Bank will be able to authorize other banknotes to circulate legally in the national territory.
Breaking news: Cuba eases restrictions on the use of the dollar after new regulations published in the Official Gazette
Cuba has formalized the partial dollarization of its economy in the Official Gazette, outlining how the dollar will be used and establishing a new legal framework for foreign currency transactions. More details to follow.
The Central Bank admits that there are currently no reserves to sustain a fixed interest rate.
The recent broadcast of the program Squaring the Box It revealed a point that, until now, had not been expressed so clearly by the monetary authorities.
Cuban government confirms it will implement a flexible exchange rate system to fix the dollar in the official market
Recent televised debates on the country's monetary situation offer a clear clue as to the immediate economic direction. Economic authorities confirmed in Squaring the Box that the traditional approach to sustaining the value of the Cuban peso is no longer viable in the current scenario.
The Cuban government acknowledges it cannot unify the currency: this is how the new exchange market will work
Recent appearances on national television revealed an unusual shift in the official economic discourse.
Cuba tightens restrictions on foreign currency holdings
The financial situation on the island is becoming tense again, and many foreign companies have begun receiving communications that completely disrupt their daily operations.
Information note from the Central Bank on the circulation of banknotes in Cuba
The Cuban banking system has once again placed on the public agenda an announcement related to monetary circulation in the national territory.
The same mistake again? Cuba's new currency exchange market raises concerns among economists
The Cuban foreign exchange market: the recurring pattern of error from 2021, according to Cuban economist Pedro Monreal. Will we continue down this path? More details to follow.