Tuesday, August 25, 2026

Cubans struggle as peso loses half its value in a year on informal market

HAVANA (Reuters) – The Cuban peso was trading on the informal market at an all-time low of 230 to the dollar on Wednesday, slumping to half its value a year ago as consumers struggle with surging inflation and scarce goods, a widely watched tracker showed. Read full story

Source : https://www.thestar.com.my/news/world/2023/08/02/cubans-struggle-as-peso-loses-half-its-value-in-a-year-on-informal-market

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