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Currency Stability in Cuba: Dollar, Euro, and MLC Rates Today
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At 7:00 a.m. on January 28, the US dollar continued to hold strong at 485 CUP, a rate it reached on Monday, as reported by the independent media outlet elTOQUE.
The euro, too, remains unaltered, trading again at 530 CUP today.
Euro: Projection of 505 CUP (range between 479 and 515 CUP).
MLC: Estimated around 427 CUP (range between 398 and 440 CUP).
As January draws to a close, the current values for the dollar and euro—at 485 CUP and 530 CUP respectively—have surpassed these forecasts, highlighting a market under pressure from uncertainty and skepticism towards the Cuban peso.