On October 21, the Cuban peso experienced a slight devaluation against both the euro and the U.S. dollar in official market operations. The euro closed at an average of 26.97 pesos, marking a 0.37% increase from the previous day's rate of 26.87 pesos. Similarly, the U.S. dollar saw a 0.19% rise, closing at 24 pesos compared to the prior rate of 23.95 pesos.
These adjustments reflect marginal shifts in the official currency exchange rates within Cuba. Over the preceding week, both foreign currencies maintained a trend of modest appreciation against the domestic currency, with the euro recording a weekly gain of 0.35%.
In-depth summary · AI, neutral