World · 22 September 2026

Cuba introduces free-market reforms as cash shortages worsen

Cubans are encountering lengthy queues at banks for cash withdrawals, with numerous individuals arriving prior to dawn to obtain the full daily limit of 20,000 pesos, approximately $28. Soaring prices are exacerbating the scarcity of hard currency, and on Wednesday, the peso reached an unprecedented exchange rate of 700 per dollar.

By BriefTea Editorial · 22 September 2026 at 9:39

Reported by aol.co.uk · How we write briefs

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