March 6, 2020
by Omar Everleny, OnCuba News

Is Day Zero for Cuba’s Monetary Unification Approaching?

For some time now, social networks have been circulating lists of the new prices that must be implemented in the country after the so-called Day 0.

They are logical considering that when that day arrives, the current exchange rate for Cuban state companies of 1 CUC (convertible Cuban peso) for 1 CUP (Cuban peso) must also be modified, which will lead to an increase in sales prices.

But that logic ends when the increases in salaries or pensions that must necessarily accompany this process are published. Increases in products and services are proposed. One of the tables in the document, whose authenticity appears to be firm, shows a summary of the goods or services that will see their value increase.

(Read full analysis in OnCuba News)


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