Cubans are facing a challenging economic situation as the peso continues to decline, causing financial strain on citizens who are struggling to afford basic necessities. The government has pledged to intervene this month to stabilize the currency, which has led to a complex currency system with four different currencies in circulation, including the Cuban peso, the dollar, the euro, and the MLC digital currency.
Cubans are experiencing a ‘currency conundrum’, with four different currencies in circulation. The Cuban peso, the dollar, the euro, and the MLC - a government launched digital currency - are all options for payment. But there is little consistency as far as which will be… https://t.co/pMaTwOvamR
⚠️ CUBA'S PRIVATE SECTOR PROVIDES ELDERLY CARE - FOR THOSE WHO CAN AFFORD IT Full Story → https://t.co/wTCp0dt6ju Cuban Clotilde Ravelo is inching up on 90 years old, just fractured her hip and, to make matters worse, most of her family have migrated off the island, leaving… https://t.co/si6XwvBdxd
"How can I pay you?": In Cuba, the question goes beyond cash or card as citizens grapple with four different currencies, turning them into amateur traders as they try to squeeze the most value out of their money https://t.co/shgsXYwN1z
Cuba’s currency conundrum: four ways to pay https://t.co/wEI3yCh3CN
Cubans await promised government intervention as peso slides further https://t.co/dpvZQ9uNld https://t.co/d250VsBwKY
⚠️ CUBANS AWAIT PROMISED GOVERNMENT INTERVENTION AS PESO SLIDES FURTHER Full Story → https://t.co/3qax41QVMF The Cuban government has promised to take decisive action this month to halt a slide in the peso that has wiped out savings and left Cubans struggling to afford basic… https://t.co/1HQbzfRfgA