This March 27, the Cuban foreign exchange market dawns with the euro on the rise, with a new record and price this Wednesday of Holy Week. The European currency continues to be the strongest on the black market, while in Cuban banks it appears immovable.
The euro does not give up and on the 27th it once once more set a historic price in the informal currency exchange market in Cuba. The European currency leads the rise in prices on the island, generating uncertainty regarding the future of the cost of other foreign currencies and the Freely Convertible Currency (MLC).
This Wednesday’s day began with a dizzying rise of the euro, reaching an unprecedented value. This behavior, not unexpected, has generated uncertainty regarding the impact it will have on the price of other currencies and the Cuban economy in general.
Although the US dollar and the MLC remain stable for the moment, it is not ruled out that they will experience a rise in the coming days as a result of the domino effect that usually occurs in the informal exchange market following the rapid rise of the euro TODAY in the exchange market Cuban.
It is important to highlight that these types of fluctuations generate instability in the economy and make financial planning difficult for Cubans.
Price of the euro in the Cuban exchange market TODAY. Dollar and MLC
The US dollar remains stable in the Cuban informal exchange market, trading at an average price of 330 Cuban pesos per unit. The Freely Convertible Currency (MLC) also remains unchanged, with a price of 275 Cuban pesos.
Currently, according to the study of Toquethe euro has experienced a new historical record, reaching a price of 340 pesos Cubans per unit. This increase represents an increase of two pesos compared to yesterday, Tuesday, March 26. Another historical record for the price of the euro in the Cuban exchange market! How much more do we have left to see?
#historic #escalation #Cuban #exchange #market
