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Food Markets | Seed Shops | Money
Money
A tale of two currencies
The most visible feature of economic reforms in Cuba is the widespread use of the American dollar. Keeping and using American dollars became legal in Cuba in 1993, and has led to some sharp divisions in Cuban society.
Most Cubans are still paid by the state for the jobs they do in the local Cuban currency. They have to shop in gloomy “peso” food and department stores for inexpensive goods that are not always of good quality. But those who have access to American dollars can buy high quality goods in one of 300 “dollar stores” in Havana, though prices are high.
In this two-currency economy, the returns of a well run backyard
garden can exceed the salary of a senior bureaucrat or professional.
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