VOICED : Gobierno cubano comprará USD a tarifa del mercado negro para captar divisas

The Central Bank of Cuba announced a new exchange rate of 120 pesos per dollar, aligning with the black market rate to attract foreign currency. This change follows a financial reform in 2021 that initially set the dollar at 24 pesos. The new rate aims to stabilize the economy, allowing financial institutions to buy dollars, with plans to extend this to the public. Two exchange rates will coexist: the new rate for general use and the official 24 pesos rate for internal transactions. Cuba faces its worst economic crisis in 30 years, marked by shortages of essentials.

What is the new exchange rate for buying dollars in Cuba as announced by the Central Bank?

• 100 pesos

• 120 pesos

• 150 pesos

• 200 pesos

Why did the dollar's value increase in the black market after January 2021?

• The government increased the official exchange rate.

• The government introduced a financial reform.

• The government started selling more dollars.

• The government banned the use of dollars.

What happened in June 2021 that affected the dollar's availability?

• The government devalued the peso.

• The government introduced a new currency.

• The government suspended dollar sales.

• The government increased dollar sales.

Who will initially be able to acquire dollars under the new exchange rate?

• The general public

• Tourists

• Financial institutions

• All businesses

What is the official exchange rate for internal transactions in Cuba?

• 200 pesos

• 150 pesos

• 24 pesos

• 120 pesos