Cuban Dollar Surges Past 780 Pesos

The U.S. dollar continues its ascent in Cuba's informal currency exchange market, reaching a value of 785 Cuban pesos as of Sunday morning.

This surge marks a significant increase from just seven days ago, when the dollar was valued at 741 CUP, representing a rise of 44 pesos or approximately 5.9%.

The gap between the official exchange rate and the informal market rates has grown even wider, with the dollar trading at 90 pesos more than its official value.