Currency prices continue to rise in Cuba’s informal market

This Tuesday At least two of the three reference currencies rose for the third consecutive day Price in the Cuban informal market, which seems to consolidate the process of recovery of values. 22nd DecemberThe date on which the three reference currencies started depreciating.

The euro rises by one peso compared to the previous day and reaches 275 CUP. It is located at five pesos Of the 280 in which it was soldThe price of which it arrived on 15 December.

This too 9th January The freely convertible currency (MLC) rose, up one peso and traded at an average of 246

Only three pesos away 250, which is its maximum price till date.

Of the three, Only the dollar remains at its same value as yesterday, selling at an average of 270 CUP, Reported today by Independent Media touch In the daily rate reported by the currency exchange rate on the island.

The average of the buy and sell values ​​recorded in the last 24 hours shows buy and sell offers at 275 pesos for the euro.

In the case of the dollar, the average is 268 CUP when buying and 270 when selling.

MLC, for its part, registered acquisition offers for sale at 245 CUP and 248 pesos, which can predict that it will continue to rise.

Will the dollar, euro and MLC return to their previous values? That’s the question many are asking now, after the Cuban government has vowed a crusade against the informal sale and purchase of the three currencies.

The collapse experienced by the three reference currencies began on December 22, two days after the Cuban Prime Minister. Manuel Marrero Cruz, Will announce it Starting this January, the official dollar rate in Cuba will changeHowever, he did not specify what the new value would be and the exact date on which it would come into effect.

Days later, he was Minister of Economy in Cuba. Alejandro Gilwho assured They would intervene in the informal currency market, which they described as “distortions”.

For months the Cuban regime has been trying to shift the blame touch

Promoting a higher exchange rate – according to the government – harms the Cuban economy and fuels inflation on the island.

A reference rate of touch It is prepared after analyzing buy and sell ads published on social networks and classifieds websites. From this result, a value is established which is used to determine the values ​​of the major currencies circulating in the country.