In this Aug. 30, 2013 file photo, a food vendor spreads out convertible pesos, known as CUCs, the two bills on the right, and regular Cuban pesos at her stand in a vegetable market in Havana, Cuba. Cuba’s central bank says elimination of the special currency, CUCs, will require putting more Cuban pesos into circulation and issuing higher-denomination bills. Most Cubans earn and buy goods in local pesos, and the convertible peso (CUCs) are used largely in the tourism sector.
In this Aug. 30, 2013 file photo, a food vendor spreads out convertible pesos, known as CUCs, the two bills on the right, and regular Cuban pesos at her stand in a vegetable market in Havana, Cuba. Cuba’s central bank says elimination of the special currency, CUCs, will require putting more Cuban pesos into circulation and issuing higher-denomination bills. Most Cubans earn and buy goods in local pesos, and the convertible peso (CUCs) are used largely in the tourism sector. Ramon Espinosa AP
In this Aug. 30, 2013 file photo, a food vendor spreads out convertible pesos, known as CUCs, the two bills on the right, and regular Cuban pesos at her stand in a vegetable market in Havana, Cuba. Cuba’s central bank says elimination of the special currency, CUCs, will require putting more Cuban pesos into circulation and issuing higher-denomination bills. Most Cubans earn and buy goods in local pesos, and the convertible peso (CUCs) are used largely in the tourism sector. Ramon Espinosa AP

Much unfinished work remains as Cuba reforms its economy

December 14, 2014 07:00 AM

UPDATED December 20, 2014 09:52 AM

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