Cuba Reduces Ministries, Discards Privatizations and the Dollar Reaches a Record 900 Pesos
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Cuba announced on Monday, November 2, a profound restructuring of its government, with the reduction and merger of ministries, while President Miguel Díaz-Canel assured that the economic reforms undertaken on the island will not lead to the privatization of state enterprises.The decisions coincide with a new dollar record in the informal market, where it reached 900 Cuban pesos.The three novelties occur in the midst of an economic crisis that ha…
The US dollar climbed this Monday to 900 Cuban pesos (CUP) in the informal market., The entry The dollar reaches 900 Cuban pesos after 13 days of depreciation was first published in Havana Times.
The #dollar reaches a new record of 900 pesos in the informal #Cuban market, while the #euro is approaching 1,000 and the national currency is sinking between inflation and a failed economic policy.
The dollar rises to 895 CUP and the euro scales to 983 CUP at the opening of Monday, November 2, 2026. MLC, with limited data, yields land.
Just 17 days ago, the US currency reached 800 CUP and traded in 435 at the beginning of January
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