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Latin Times
Latin Times
National
Demian Bio

Cuban Peso Drops To All-Time Low As Economic Crisis Shows No Sings Of Abating

Image of Cuba (Credit: JF Martin/Unsplash.)

The Cuban peso reached an all-time low on Monday as the partial dollarization of the economy continues, according to a new report.

Concretely, the currency clocked in at 400 per U.S. dollars in a country grappling with an endemic scarcity of goods and a collapsing energy grid.

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