Clearing Customs and CUC

: I ask a woman in a grey, military-like uniform where I can change money, according to Business Week. Follow me, she says. I land in the late afternoon and, after clearing customs, step into the busy arrivals hall of Havana airport looking for help. But she doesn’t turn left, toward the airport exchange kiosk. The official rate is 87 for a hundred, she whispers, meaning CUCs to dollars. Called cadecas, these government-run currency shops are the only legal way, along with banks, to swap your foreign money for Cuba tourist tender, the CUC. Instead, my guide turns right and only comes clean when we reach a quiet area at the top of an escalator. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.