The US dollar continues to rise in price in the informal Cuban market and reached 208.00 CUP this Thursday, one more point compared to the previous day.
This increase, unprecedented in Cuba, not only reduces the value of the national currency, but also makes it difficult for citizens to access a currency that has become essential to purchase basic necessities.
When a little less than a month ago it reached the threshold of 200.00 CUP, the fact that the Cuban government does not adopt measures in the face of the increase in foreign currency in informal markets, while maintaining its value, already began to be a problem for economists. of change in state entities, which market it in a rationed manner.
Likewise, the freely convertible currency (MLC) also increases its price, and this Thursday it is sold at 195.00 CUP, just one point away from equaling the record it reached in October 2022, when it reached its highest value.
However, the best valued currency in the Cuban informal market continues to be the euro, which remains at 215.00 CUP, figure that reached the first days of this month.
On the other hand, in the state Exchange Houses, the dollar is sold at 123.60 CUP and the euro 127.71 CUP, figures well below the value they have in the informal market.
The situation of the Cuban exchange market is the subject of analysis by several experts, who see in it a reflection of the disastrous management of the authorities in a market that they try to control through banks and Exchange Houses, but which in practice is the sector private who keeps afloat, for the guarantees and freedoms it offers.
