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MarketsReportedMediumDeveloping
5.1

Cuban peso plunges 32% vs dollar in informal market

The US dollar has appreciated over 32% against the Cuban peso in the informal market since late June, with the euro reaching 890 CUP. This reflects accelerating currency devaluation amid Cuba's ongoing economic crisis, though official rates and formal channels may differ. The informal market is a key indicator of economic sentiment and inflationary pressure.

14ymedio1 day agoCU, USCredibility 34%View source

Score Breakdown

Mosaic Score5.1
Model confidence0.5
Significance0.5
Source credibility0.3

Intelligence Tags

Locations

Cuba

Entities

countrycountrymarket
Source

Related signals

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