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Cuba to phase out double currency

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Cuba to phase out double currency

E
euronews (in English)

30 Views • Oct 23, 2013

Description

Ever since 1994, Cubans have lived with a double-currency system, but that is to be no more under financial reforms announced by President Raul Castro.

It would put an end to a system which exacerbated differences between the richest and poorest.

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http://www.euronews.net/