More than 500 established and Cuba accept pagos and CUC

| 11/01/2021 – 20:06 (GMT-4)

More than 500 established trademarks in Cuba comenzarán a partir de este lunes a recibir pagos en pesos convertible (CUC), a medium that marches back to the governing body’s disposition of the tithes that podiums accept this month.

Entidades de la cadena de tiendas Caracol, de la empresa extra hotelera Palmares, de la Agencia de artisticas y literarias (Artex) y de la Empresa de Grabaciones y Ediciones Musicales (EGREM) comenzarán a recibir el pago en CUC., Según anunci official account on Twitter, Marino Murillo, leader of the implementation of the economic lines in the country.

“If they have created the conditions in order to be highly populated, CUC accepts more than 500 new establishments of the Caracol, Palmares, Artex and Egrem Cades roads in all countries, which are in addition to the Cimex and the Caribbean”, inform the official.

Without embarrassment, the message like “Tsar of the Cuban economy” has no allusion to what “countermeasures” can say to the queues and questions of the Cubans ante the impossibility of making pages in CUC in the red of national tendencies, as the passage of day 2 the governor announces a list of the unique commercial entities that accept the payment in convertible pounds until June, but in order to pay the monthly circulation in respect of the monetary unification process.

The announcement states that the flight to the solo customers will be in Cuban Pesos (CUP), with a change of 1 CUC x 24 CUP. También also indicates that the payment in CUP is accepted in all denominations of that month and is accepted in a scheme that includes private payments that combine both money and magnetic cards.

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In December 2020, an edition of the Official Gazette on the “Red Day” for monetary unification in Cuba inform that the CUC will circulate in June 2021 it is part of this series only accepted for its cane in the cash registers and bank safaris of the country.

The monetary unification process in Cuba will begin on January 1, 2021, with a single exchange rate of 24 Cuban Pesos (CUP) for $ 1. The media implies “the redevelopment of the monetary, exchange, tributary, credit, prices, salaries and even larger amounts of the citizens”, said Governor Miguel Díaz-Canel.

Since 1994, the Central Bank of Cuba has authorized the conversion of the convertible peso (CUC), equivalent to a dollar, as part of the regulations imposed by the bankruptcy Fidel Castro in the middle of the severe economic crisis known as the “Special Period”, through the diploma of socialist camp in Europe of the East.

In 2003, the government of the island eliminated the dollar circulation in the state sector and, since then, only the national currencies have been authorized: the Cuban Peso (CUP) and the Cuban Peso convertible (CUC). In 2004 the media were extensively involved in minor trade.

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