Dollar falls to 770 pesos on Cuba's informal market
The rate is 15 pesos below Sunday's level, although it remains 20 pesos higher than a week earlier.
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The dollar was trading at 770 Cuban pesos on the morning of Wednesday, October 7, according to El Toque's tracker. The value was down 15 pesos from Sunday and remained 20 pesos above its level a week earlier.
The U.S. currency had closed September at 750 pesos and approached 800 in early October. The report described this week's decline as a possible correction after the rapid increase of previous days.
The euro stood at 870 pesos after reaching 880 during the weekend. MLC was at 505.88 pesos, down from 523.53 on Monday, according to figures included in the report.