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.

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