He Informal currency market Keep moving. A day after the euro reached its historical maximum so far, the dollar also rose while the MLC maintained its fall.
The rebound of the US currency took it to the 390 pesos (CUP), its maximum in the year, as part of the impulse of the two main foreign currencies after the recent government announcement about the Next establishment of a new exchange market with floating rate on the island.
Meanwhile, the MLC continues in low hours and now descended up to 220 Cup, its minimum limit so far from 2025, according to the rate of the independent medium The touchcalculated from the purchase and sale offers on digital platforms.
For its part, the euro – who had reached the 440 cup – was at dawn this Thursday four pesos below, after experiencing several fluctuations in the last 24 hours.
Good morning, this is the update of Currency Informal Market Rates in Cuba for 07/24/2025
Image 1. Representative rate of the informal market (Eltoque)
EUR: 436.00 CUP | 1.98 mlc | 1.12 USD
USD: 390.00 Cup | 1.77 MLC
MLC: 220.00 CUP | 0.56 USDImage 2. Rate … pic.twitter.com/3MWFLMIMX0
– The touch (@eltoquecom) July 24, 2025
The dollar and the euro, which have maintained an upward trend throughout 2025, have continued to increase their price after Prime Minister Manuel Marrero announced last week that the fiance new exchange market must enter into operation in the second half of the year.
Six months after the first announcement on the subject before the National Assembly, Marrero finally gave an attempt for the implementation of the measure which, he said, seeks among other things to reduce the monetary circulating elevated on the island, which grew by 13.9 % year -on -year.
At the same time, the MLC maintains its recoil in the informal market, a movement that has experienced most of the year – a surprising rebound last February – in tune with its loss of real value due to the shortage of stores in that virtual currency and the impulse of the government to dollarization.
And although the authorities have assured the electronic currency will remain operational on the island, analysts point out that its trend will be maintained down, in the midst of a context marked by an acute socioeconomic crisis, the chronicle lack of basic products and high inflation.
