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February 17, 2025
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Neither up nor down: the dollar remains immutable in the informal market

Neither up nor down: the dollar remains immutable in the informal market

After some light movements last week, the Informal currency market He has returned to tranquility. Although in the case of the dollar, that stability extends for a month.

Since it amounted to the 340 pesos (CUP) in mid -January, the value of the US currency has remained virtually immutable on digital platforms in which the currencies are sold and purchased outside the official rate.

At this time, the euro has fluctuated between 340 and 345 CUP, value with which it remains at the moment, while the MLC – in An unusual climb For many – he went up first to 245 and in recent days he settled in the 250 CUP, according to the rate published by the independent medium The touch.

With these values ​​they woke up this Monday, after a weekend of stability.

Dollarized tranquility

The current scenario of currencies occurs at a time when the Cuban government reimpulses the dollarization on the island, which it has defended as a “necessary process” and has limited as “partial”, “gradual” and “short -term”.

As part of it, it has already opened several stores – and has announced the opening of others – in which purchases are paid in dollars or on cards associated with bank accounts in that currency and among which cards have not been included in MLC.

In this context, not a few predicted – and they continue to do it – the death of the MLC. However, the authorities They have insisted in which such currency will not disappear.

The dollars star

Meanwhile, the announcement of the new official market is still waiting, after Prime Minister Manuel Marrero announced to the National Assembly the next establishment of a exchange regime with “greater flexibility” and “one rate per day.”

However, so far no more details have been provided in this regard or a date has been set for its entry into force.

In this regard, experts such as Economist Pavel Vidal have warned that the behavior of the informal currency market would be subject to the possible appearance of these new exchange policy ads by the government.

But meanwhile, the forecasts point to balance and stability, even when fluctuations can occur in the value of currencies within a limited range.



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