The value of all currencies in Cuba has skyrocketed once again, with the dollar and euro reaching record highs. The Cuban Directory reports that the dollar and euro in Cuba have experienced an annual increase of over 80%, devastating the purchasing power of the Cuban people.
Today, the price of the dollar rose even further in the Cuban exchange market, causing instability in the currency market. The Cuban Directory is closely monitoring the situation and is prepared to publish updates as needed.
The rising value of currencies in Cuba is concerning for many residents, who are seeing their purchasing power diminish rapidly. The uncertainty in the exchange market is causing anxiety among both consumers and businesses in Cuba.
As the situation continues to unfold, it is unclear what actions the Cuban government will take to address the currency crisis. In the meantime, residents are bracing themselves for further economic challenges in the weeks to come.