Markets
7.3
Dollar Plunges $32, Oil Reserves Drop 11.1M Barrels
Published 1 d ago2 sourcesEvidence: Reported
SeverityHighAssessedDeveloping storyLa RepúblicaLow-rated sourceCO
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.
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