Two Havana department stores began on Monday to give change only in pesos, instead of the local dollar equivalent known as the convertible peso, in another step toward ending Cuba’s dual monetary system. The Central Bank, in a brief note published by state-run media, termed the measure an experiment that could be extended to other establishments in the future. “Depending on the results and effectiveness of the experiment, its gradual extension to other commercial establishments in Havana and the rest of the provinces will be evaluated,” the Central Bank said. There are currently two currencies circulating in Cuba, the ... (full story)