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Cuba updates foreign currency management and banking regulations
Cuba has implemented new regulations to manage and allocate foreign currency within its national economy. According to the Ministry of Economy and Planning (MEP) and the Central Bank of Cuba (BCC), Resolutions 102/2026 and 103/2026 establish updated frameworks for foreign currency management and the opening of foreign currency bank accounts.
The new rules allow for certain internal operations to be conducted in foreign currency, particularly among companies, wholesale businesses, and foreign investment models. While retail trade will continue to function primarily in Cuban pesos, the Ministry of Economy and Planning may authorize sales in foreign currency if deemed in the national interest. Additionally, professional workers exporting services through state entities may receive income in foreign currency based on established contracts.
These measures are part of a broader set of economic and social transformations aimed at increasing business autonomy, flexibility, and efficiency. The regulations also include updates to the legal framework for agricultural cooperatives, allowing them to directly export products and accept foreign investment under Decree-Law 76.
Entities
Asamblea Legislativa de El Salvador · Banco Central de Cuba · Central Bank of Cuba · Cuba · El Salvador · Félix Ulloa · Inaene · International Monetary Fund · Ministerio de Economía y Planificación · Ministry of Economy and Planning · Ministry of Tourism · National Institute of Non-State Economic Actors
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] New norms allow non-state individuals and legal entities to import and export veterinary sector goods.
- [○ 1 SOURCE] Private laboratories in Cuba may now perform certain official veterinary controls.
- [● 5 SOURCES] New regulations establish rules for the management, control, and allocation of foreign currency. www.5septiembre.cu · www.mep.gob.cu · lademajagua.cu · www.cmhw.cu
- [○ 1 SOURCE] Decree-Law 127/2026 allows non-state entities to provide veterinary services for all animal species.
- [● 4 SOURCES] Resolution 102/2026 from the Central Bank of Cuba establishes norms for opening foreign currency bank accounts. www.5septiembre.cu · lademajagua.cu · www.cmhw.cu
- [● 4 SOURCES] Resolution 103/2026 from the Ministry of Economy and Planning regulates the national foreign currency management system. www.5septiembre.cu · www.mep.gob.cu · lademajagua.cu
- [● 2 SOURCES] The new regulations provide expanded opportunities for non-state economic actors in Cuba. www.mep.gob.cu
- [○ 1 SOURCE] Decree-Law 133 flexibilizes competencies for non-state economic actors by reducing requirements and procedures.
- [○ 1 SOURCE] Resolution 68/2026 opens tourism intermediation to non-state actors and foreign companies. adelante.cu