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Dollar Surpasses 750 Pesos in Cuba's Informal Market

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USD
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The US dollar has surpassed 750 Cuban pesos in Cuba's informal currency exchange market for the first time, closing at an average of 753 CUP on Tuesday, September 29.

This marks a significant increase from Monday's average value of 745 CUP and a rise of eight pesos in just one day.

The dollar has been climbing steadily over the past week, having stood at 720 CUP just seven days ago and 676 CUP thirty days ago, representing a gain of 33 and 77 pesos respectively.

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