Cuba plans to lift penalty on changing dollars

Cuban Foreign Minister Bruno Rodriguez says the country will do away with a 10 percent penalty on dollars exchanged at banks and money-exchange centers in Cuba if new U.S. measures allowing Cuba access to the international banking system prove to work.

The measure would make it much easier for U.S. visitors to Cuba to change dollars during their trip.

Rodriguez told reporters Thursday that Cuba will try to make a series of international financial transactions in coming days. If they work, it will get rid of the 10 percent penalty.

(Associated Press)

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s