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Cuban peso hits historic low of 500 per dollar on informal market
The Cuban peso depreciated to 500 units per dollar, a new historic low amid economic pressure and US sanctions against the island.
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2 articles
2 articles
The Cuban peso depreciated to 500 units per dollar, a new historic low amid economic pressure and US sanctions against the island.
The US dollar hit a historic high of 500 Cuban pesos, just two months after the government implemented a floating exchange rate to control the informal market.