UPDATE 1-Cuba's Raul Castro says studying peso revaluation http://www.reuters.com/article/companyNewsAndPR/idUSN2411933320080224?sp=true
Sun Feb 24, 2008
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HAVANA, Feb 24 (Reuters) - Cuba is studying a revaluation of its peso currency, which is pegged to the dollar, new President Raul Castro said on Sunday after being named successor to his ailing brother Fidel Castro. Raul Castro is widely expected to bring in tentative economic reforms to ease poverty in Cuba, which has lived under communist rule for 49 years and suffers severe shortages due to a U.S. economic embargo against the Caribbean island. http://www.reuters.com/article/companyNewsAndPR/idUSN2411933320080224?sp=true