Cuba
Cuban foreign exchange reserves have fallen, state says
Unusual disclosure in official publication sparks speculation about country’s financial position
Russia’s Mir forced into retreat
Banks and payment systems across Asia banish Russian cards after US warnings
Cuban regime to buy foreign currency near market rates
Move cuts peso’s dollar exchange rate by four-fifths after Cubans protest over shortages
Cuban central bank to license crypto service providers
Resolution may encourage greater use of virtual currencies for remittances
Outsider arts: how Russia might adapt to sanctions
The history of the USSR and actions by other sanctioned countries may give clues to Russia’s next moves
Cuba bars dollar cash deposits
Country struggling with sanctions as inflation spirals
Cuban central bank approves new money transfer app
Digital wallet offered by Cuban telecoms firm will only receive and pay out in pesos
Cuba ends dual-currency regime
Communist regime to merge convertible and domestic peso in major economic reform
Cuban president appoints new central bank governor
Marta Sabina Wilson González was senior official at state-owned lender
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: Financial deepening, fintech development and green financing
The past 40 years have seen China transform from a recipient of global aid to a major economic centre in its own right. China is now seeking to deepen its markets, gradually open its borders to global financial flows, and promote new and innovative forms…
Cuban senate issues new financial system laws
Central bank, financial institutions and market infrastructure entities are all impacted
Cuba: coming in from the cold
The Central Bank of Cuba faces challenges should the country press ahead with economic reform
Cuban central bank to issue three new large-value banknotes
The highest denomination banknote currently in Cuba is 100 pesos
Cuba gets first new governor in 14 years
Ernesto Medina, the head of one of Cuba's major banks, has replaced Francisco Soberon as governor of the central bank.
Interview with Central Bank of Cuba's Soberon
Cuba's central bank president Francisco Soberon said in an interview published this week that he was optimistic about recent moves to strengthen both the Cuban peso and the convertible Cuban peso. He also said the Cuban economy registered its first…
Cuba introduces tax on exchanging dollars
Cuba has introduced a 10% tax on the exchange of dollars, following restrictions introduced last week which outlawed the use of dollars in domestic transactions.
Cuba's new convertible currency introduced
The Cuban Convertible Peso, CUC, or "chavitos" as they have become known locally came into circulation on Monday 8 November, substituting the widely circulated US dollar, with the central bank saying the move would help the Cuban currency hold its value.
Interview with Central Bank of Cuba's Soberon
In an interview published this week, president Francisco Soberon of the Central Bank of Cuba said it would be extremely unwise for Cuba to change the one-to-one exchange rate to the dollar after the Cuban people have shown such confidence in the Cuban…
Cuba central bank chief says forex control working
Cuban central bank President Francisco Soberon said on September 15 that foreign exchange controls on state enterprises has substantially increased the central bank's reserves and made it easier to implement monetary policy, according to Reuters.
Cuban cb wants cooperation with Iran cb
In a meeting with the Iranian Ambassador to Havana on Friday, president of the central bank of Cuba Francisco Valdez expressed his interest in banking cooperation and the exchange of professional expertise with the Central Bank of Iran, according to an…
Soberon - Cuban bank system had a successful 2002
Cuba managed to maintain monetary stability in 2002, despite difficult tests faced by its banking system in 2002 as a result of the world economic crisis and its effects on the island, Francisco Soberon, president of the Central Bank of Cuba, has said.
U.S. coins to cease circulation in Cuba
UNITED STATES - U.S. dollar coins will be taken out of circulation from the Cuban foreign currency commercial network as of October, the island's Central Bank reported 28 August.
Cuban bank to stop services to 'deadbeat'companies
CUBA - The Cuban Central Bank plans to suspend banking services to deadbeat Cuban companies effective in January 2002, a bank spokesman said.