Matt Welch | October 28, 2004
In a move that will likely prove economically disastrous, a cast-wearing Fidel Castro this week abruptly pulled the plug on his island's decade-old dollar economy by prohibiting the greenback from being accepted at state-run stores. The move was likely a desperation heave to pay for the skyrocketing price of oil. Miami Cubans are being advised to convert their remittances to Euros. Damien Cave wrote about the Havana hustle for dollars last August.
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