As published by the Cibercuba portal, a new rise in the dollar (USD) in the informal currency market in Cuba placed it this Monday around 250 Cuban pesos (CUP), confirming the debacle of the national currency, the one in which the the vast majority of Cubans collect their salaries and pensions.
The rise of three pesos detected by the independent media The touch located the informal exchange of the dollar at 248 CUP. However, the outlet detected sales of up to 250 pesos in the last 24 hours, reaching maximum offers of 270 CUP.
The reference rate elaborated by the medium analyzes all the purchase and sale announcements published on social networks and classified websites. With this result, a price is established that serves to know the values of the main currencies that circulate in the country.
Above the US currency, the Euro was quoted on Monday one point more expensive than the day before, reaching 251 CUPwhile the Freely Convertible Currency (MLC) also climbed three pesos, standing at 215 Cuban pesos, two pesos higher than the day before.
The price of the reference currencies in the Cuban informal market has risen throughout July and in August the upward trend has been maintained
FOUNTAIN: cibercuba.com
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