VOICED : Cuba el pais de las dos monedas locales

Cuba's dual currency system, involving the Cuban peso and the convertible peso, has been in place for 12 years. The convertible peso was introduced to replace the US dollar and is valued at 24 pesos, but buying and selling it involves a discrepancy. This system has caused economic challenges and divided the economy into sectors using different currencies. Efforts to unify the currency began two years ago, with state-run stores accepting both currencies. The upcoming Communist Party Congress is expected to address the ongoing reform towards a single currency.

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