Articles of Central Bank of Cuba

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Liquidity of liquid

ACUEDUCTO

In the midst of a tidal wave of rate increases in Cuba, the Higher Organization for Business Management (OSDE) for Water and Sanitation announces new rates for hydraulic and sewerage services. Although it exceeds the multiplication table used for other products, an increase of 700 percent for drinking liquid, historically almost given away the service, continues to be laughable: the bills will reach between just 1.75 and 21 pesos per month per inhabitant, no more .

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Monetary and exchange rate regulation in Cuba begins on January 1: The exchange rate will be 24 Cuban pesos to one dollar

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With the presence of Army General Raúl Castro Ruz, first secretary of the Central Committee of the Communist Party of Cuba; The President of Republic of Cuba, Miguel Díaz-Canel Bermúdez reported that the monetary and exchange rate regulation process will begin on January 1, with a rate exchange of 24 Cuban pesos for one dollar. “The corresponding elaborations and analysis have been concluded, as well as all the necessary legal norms, so it is considered that the conditions are created to announce the start of the regulation process as of January 1,”