This Tuesday for the third consecutive day at least two of the three reference currencies rise price in the Cuban informal market, which seems to consolidate the process of recovering the values prior to the December 22nddate on which the three reference currencies began to fall.
The euro rises by one peso compared to the previous day and reaches 275 CUP. It’s five pesos of the 280 in which it was soldprice at which it arrived on December 15th.
Also this January 9th the freely convertible currency (MLC) rises, marking an increase of one peso and is sold on average at 246just three pesos away 250, which was its highest value to date.
Of three, Only the dollar remains at the same value as yesterday, which is sold on average at 270 CUP, as the independent media reported today elToque in the daily rate reported by the island’s exchange rate.
The average of the purchase and sale values recorded in the last 24 hours marks the purchase and sale offers for the euro at 275 pesos.
In the case of the dollar, the median is 268 CUP buying and 270 selling.
MLC, for its part, records acquisition offers at 245 CUP and 248 pesos selling, which could lead to predictions that it will continue to rise.
Average purchase and sale values of the three reference currencies in the Cuban informal market (elToque)
Will the dollar, euro and MLC return to their previous values? It’s the question many are asking now, as the Cuban government has promised a crusade against the informal trading of the three currencies.
The decline in the three reference currencies began on December 22, just two days after the Cuban Prime Minister’s statement. Manuel Marrero Cruz, would announce it Starting in January, the official dollar rate in Cuba will be changedalthough it has not been specified what the new value will be nor the exact date on which it will come into force.
Days later, he was Minister of Economy in Cuba, Alessandro Gilwho ensured it They will intervene in the informal currency market, which they described as “distortion.”
For several months the Cuban regime has been trying to blame him elToque to promote a high exchange rate that, according to the government, damages the Cuban economy and triggers inflation on the island.
The reference rate of elToque It is prepared after analyzing the purchase and sale advertisements published on social networks and classified websites. From this result a price is established which is used to know the values of the main currencies circulating in the country.
2024-01-09 14:28:53
#Currency #prices #continue #rise #Cuban #informal #market