“Tourists currently use a convertible peso roughly equal to a U.S. dollar while most Cubans are paid in ordinary pesos worth about four cents. Many goods are easier to find in government stores that exclusively accept convertible pesos, a mechanism designed to keep the flow of the special currency under government control.  The dual system has created special privileges for Cubans who work in tourism, and resentment among those who don’t.  On Friday, Vice President Marino Murillo told parliament that the peso pegged to the dollar, known as the CUC, would eventually disappear, the first time the government has explicitly said that.”

http://news.yahoo.com/cuba-eliminate-currency-pegged-dollar-015308939.html

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