International report

Cuba’s dual currency system

Audio 04:00
In Havana, Cuba
In Havana, Cuba Reuters/Ivan Alvarado
By: Rebecca Rosman
5 min

On Tuesday, Cuba announced it will soon be allowing private businesses to have legal status in the state, signaling the country is moving one step closer toward ending its dual currency system. RFI’s Rebecca Rosman went to Cuba to better understand its current economic system.