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April 18, 2025
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Informal currency market: the MLC is surprised and rises of value

Informal currency market: the MLC is surprised and rises of value

Despite the dollarization process, and against expert forecasts And many Cubans, The MLC rose surprisingly value in it Informal currency market.

Early this Friday the electronic currency It was quoted at 265 pesos (CUP)five above its value in the previous day, according to the independent medium The touch.

This rebound is a change regarding bassist behavior that he experienced in recent weeks and that analysts predicted that he would continue during this month.

For its part, The eurothat Two days ago went up Up to 375 Cup It remained at that value, while The dollar I climbed slightly and It was at 363.5 cupaccording to the rate of The touchcalculated from the purchase and sale offers on digital platforms.

Fluctuation or change of trend?

With the stores in MLC losing land before the new dollarized establishments, in the midst of the Government’s commitment for an increasingly wide dollarization in Cuba, The virtual currency has been losing ground in front of foreign currencies in 2025.

Even so, this year He has experienced fluctuations And even A surprising rebound last February. Then its value was promoted by the momentary reactivation of the offer of some products in the stores in MLC, such as cigarettes, and the demand arising to buy those products and their resale in the informal market.

In that context it jumped from 240 CUP – its lowest value in months – up to 285 CUP in just a few weeks. However, then he suddenly stopped and gradually began to retreat, in a progressive downward trend which coincides with the appreciations of experts.

In this setback it descended until 260 little more than a weekvalue in which it had remained so far. Such change of direction has given it without – at least for the moment – there has been a significant modification in the Cuban economy or a new government announcement about monetary policy.

It remains to be seen then if what happened now is Only a fluctuation in their behavior that could be corrected shortly, or if it is A new trend change driven by some economic or commercial factor, as has happened last February.



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