Cuba's informal dollar rate reaches 890 CUP as grid deficit is projected near 1,935 MW
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What happened
elTOQUE's November 1 informal-market quotes placed the US dollar at 890 CUP and the euro at 970 CUP. Separately, CiberCuba reported an expected evening electricity deficit of about 1,935 MW in Cuba's national grid.
Why it matters
In Cuba, informal exchange rates are a reference point for many imported goods and household transactions outside the official system. A weaker peso at the same time as large power shortages can feed faster pass-through into retail prices, disrupt production and distribution, and reduce confidence in near-term stabilization efforts.
On November 1, elTOQUE listed Cuba's informal exchange rate at 890 CUP per US dollar and 970 CUP per euro, marking a further repricing of the peso outside the official market. The move coincided with reporting that the national electricity system faced an evening generation deficit near 1,935 MW. Together, the exchange-rate move and power shortfall tighten near-term pressure on import costs, retail pricing, and household expectations.
Watch for
elTOQUE publication on 2026-11-02 showing whether the dollar quote remains at or above 890 CUP or reverses below 880 CUP Unión Eléctrica day-ahead report on 2026-11-02 stating the projected evening generation deficit in MW CiberCuba update on 2026-11-02 citing SEN service interruptions by province or any reduction in scheduled blackouts No Cuban government announcement by 2026-11-03 of new retail price caps, FX enforcement, or emergency fuel-allocation measures
Sources
- elTOQUE | Precio del dólar en Cuba hoy · eltoque.com
- Apagones en Cuba: situación eléctrica y datos del SEN | CiberCuba · cibercuba.com
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