RT info:eu-repo/semantics/article
T1 Eliminating monetary duality in Cuba
A1 Martín Álvarez, Francisco Javier
A1 Hernández López, Montserrat
A1 Mendoza Jiménez, Javier
A1 González Lorente, Álvaro
A2 Economía Aplicada y Métodos Cuantitativos
A2 FINESAMCA. Financiación territorial y descentralización en EspañaAmérica Latina y Caribe
K1 Cuban monetary duality
K1 exchange rate
AB Since monetary duality was adopted in Cuba in August 1994, two currencies have coexisted on the Island: the Cuban convertible peso (CUC) and the Cuban national peso (CUP). There is a double fixed exchange rate between the CUC and CUP and between the CUC and the US dollar (USD). In reality, there is also a fixed exchange rate between CUP and USD, consequently, monetary unification seems necessary. The problem lies in setting the exchange rate of the currency that will survive (CUP) versus the eliminated one (CUC). In this article, a review of the most interesting aspects of this situation is conducted, and arguments are put forward as to what would be the most appropriate exchange rate between the Cuban national currency and the Cuban convertible peso.
YR 2020
FD 2020
LK http://riull.ull.es/xmlui/handle/915/40352
UL http://riull.ull.es/xmlui/handle/915/40352
LA en
DS Repositorio institucional de la Universidad de La Laguna
RD 17-nov-2025