Tag Archive for pegged to

Cuba to lift ban on car imports (+) Cuba to eliminate currency pegged to dollar

Featured Image: 1952 Chevrolet, a so-called ‘yank tank’ or ‘maquina’ in Havana, Cuba. CREDIT: Dirk van der Made. SOURCE: Wikipedia Commons (This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.)

Cuba to lift ban on car imports

From ipl.co.nz December 20 2013 at 09:06am

Cuba will ease restrictions on vehicle imports for the first time in half a century, marking the end of an era that made icons of the island’s vintage cars.From ioj Motoring December 20 2013 at 09:06am

The official newspaper Granma said the decision to allow cars to be imported for sale at market prices on the island was taken on Wednesday by Cuba’s council of ministers. . . . Read Complete Report

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Cuba to eliminate currency pegged to dollar

From NBC29

Posted: Dec 20, 2013 4:48 PM PSTUpdated: Dec 20, 2013 6:28 PM PST
By ANDREA RODRIGUEZ
Associated PressHAVANA (AP) – Cuba will eliminate a currency pegged to the dollar as part of a move to end its unique double-currency system, which had become a symbol of economic inequality to many islanders, Cuba’s top economic official said Friday. . . Read Complete Report629px-Cuban3Pesos SOURCE Wikipedia Fair UseImage: Cuban 3 peso note. SOURCE: Wikipedia (Fair Use)

 

 

 

 

 

 

 

 

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