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Forex

Dollar Surges to Record High in Cuba's Informal Market

Guavy AI Editorial Team
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EUR USD
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The US dollar has continued its upward trend in Cuba's informal currency market, reaching an all-time high of 785 Cuban pesos (CUP) as of October 4th. This represents a significant increase from just seven days ago, when the dollar was priced at 741 CUP.

Experts note that the dollar is now only 15 pesos away from breaking through the 800 CUP barrier, sparking speculation about whether it will reach this milestone in the near future.

The euro has also seen a significant rise, with prices reaching 885 CUP. This represents an increase of 5.5 pesos compared to the previous day and 43 pesos over the past week.

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