This Monday, March 25, the day begins with a meteoric rise in the price of the euro in the informal currency exchange market in Cuba TODAY. How does the cost of foreign currencies and freely convertible (MLC) behave? We inform you immediately.
The US dollar and the euro experienced a rise in Cuba this weekend, while the Freely Convertible Currency (MLC) remained stable with a slight upward trend. However, this Monday the dollar remained at the same price for the moment, but the euro, the currency of the European bloc, established a new price record.
According to the daily study of Toque, an independent media dedicated to monitoring the cost of foreign currency in Cuba, the American dollar woke up this Monday, March 25, at an average price of 330 Cuban pesos. While the MLC remains at 275 Cuban pesos. Who went up? He euro is bought and sold TODAY at 336.50 pesos Cubans and continues to rise, its cost will probably continue to increase for the remainder of the week.
The euro, dollar in the exchange market TODAY
In fact, after days of apparent stability, in the last few hours there has been a new rebound that has raised prices to historic levels. The price of the euro in the Cuban exchange market TODAY is a new record.
The escalation in the prices of the dollar and the euro in Cuba generates uncertainty and concern in the population. This situation directly impacts the cost of living, since it makes basic products more expensive and limits access to essential services.
The constant depreciation of the Cuban currency against foreign currencies marks the daily lives of the island’s citizens, who are affected by the decrease in purchasing power and the difficulty in covering their basic needs. Meanwhile, the government, which promised intervention months ago, still has no mechanisms to stop this situation.
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