The Cuban government in
The vast majority of Cubans are paid in pesos, receiving an average monthly salary equivalent to about
"The most strategic thing," according to Infante, is to eliminate the dual exchange rates in the state sector.
He warned that the elimination of the double-currency system will not mean an immediate increase in individual purchasing power because the appreciation of the Cuban peso is linked to an "increase in productivity, in labor efficiency, in competitiveness and profitability." EFE
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 31, 2014
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