Cubans Change Dollars Into Local Currency
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Cubans and tourists lined up to change U.S. dollars into local currency Sunday, the last day to do so without paying a 10 percent surcharge that is part of a government measure to eliminate the dollar from circulation on this communist-run island.
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Cuba announced on Monday that it was  ending circulation of the U.S. dollar in its territory as of  Nov. 8 in response to tightened U.S. economic sanctions.
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Cuba will open a currency exchange window to trade Japanese yen, Canadian, European and Latin American currencies for the convertible peso, the local currency the government is using to replace the US dollar, the communist party daily Granma announced Tuesday.
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New Yorkâs chic shopping districts seem to be teeming these days with foreign tourists taking advantage of the weak dollar. Foreign retailers are now joining them.
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Cubans are increasingly talking in the past tense about Fidel Castro, the man who governed their lives for 47 years.
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Cuban leader Fidel Castro appeared on television Monday with an arm sling to give weight to an announcement on the ban of transactions in US dollars in his country.
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Iran is to move its foreign currency reserves from dollars to euros as the US continues to press for sanctions against Tehran.
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Cubans saw one of their greatest  baseball players, Orlando "El Duque" Hernandez, on television  on Saturday night for the first time since he defected to the  United States a decade ago.
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The government evidently has decided to permit the currency to appreciate much faster than before.
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Cuba ended circulation of the dollar on  Monday to reduce its vulnerability to U.S. sanctions, and  shops, restaurants, gas stations, hotels and other businesses  began accepting only Cuban convertible pesos.
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Cuban exiles in Miami expressed quiet relief at Fidel Castro's resignation on Tuesday but said their homeland had moved past the longtime leader and change was inevitable.
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HAVANA  - Thousands of Cubans queued up yesterday to swap US dollars - which have been legal tender here for over a decade - for local convertible pesos, in a mad rush ahead of November 8, when US currency will be locked out of commercial transactions
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A painting from Cuba offers a glimpse into the world of art smuggling.
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Cuban President Fidel Castro, seeking to  rid his country of the currency of his arch-enemy, said on  Monday Cuba was ending circulation of the U.S. dollar as of  Nov. 8 in response to tightened American sanctions.
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In the Indian state of Kerala, remittances from global capitalism are now a central part of the local economy.
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Moving to wean its communist economic system from the U.S. currency, Cuba said that dollars will no longer be accepted at island businesses and stores in a dramatic change in how commercial transactions have been done here in more than a decade.
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The Cuban Convertible Peso, CUC, or âchavitosâ as they are called locally became effective this Monday substituting the widely circulated US dollar, with the Central Bank stating that control over the nation&#39;s money circulation underlines sovereignty