Sandro Castro, grandson of Fidel Castro and Cuban influencer, published a story on Instagram this Sunday directed at the dollar in Cuba, advising that the currency should drop to 650 CUP in the informal market and calling for solidarity among Cubans.
The publication displayed the informal exchange rate board from elToque, where the dollar was quoted at 695 Cuban pesos (CUP).
Regarding that image, Sandro Castro wrote: "You already took the pause, good job with the new measures. Tomorrow, Monday, you decide if you go down or up. Advice from Vampirach: drop to 650, flow, don't squeeze, we're all Cuban."
The influencer interpreted the temporary stabilization of the dollar as a positive reaction to the new economic measures announced by the regime and offered his advice as a call for solidarity among Cubans.
In addition to the dollar, the shared image recorded other rates from the informal market: the euro at 800 CUP, the MLC at 507.30 CUP, the Canadian dollar at 438.97 CUP, and Zelle at 659.95 CUP.
The omen from days ago
The message this Sunday is a direct continuation of a prediction that Sandro Castro made on Saturday, June 20, when he addressed elToque —a platform he accuses of being "the villain"— to forecast that the dollar would decrease or stabilize around 700 CUP due to the package of 176 economic measures announced by the regime.
In that story, Castro argued that the key would not lie in internal wages but in the influx of foreign capital.
«I know you are going to lower it a bit or make the dollar pause at 700 CUP because you won’t rely on salary increases or anything like that, since large amounts of money will come from abroad. So, anyway, I’ll be keeping an eye on elToque.»
The immediate context of both publications is the largest economic reform package of the Cuban regime since the Special Period, presented by Prime Minister Manuel Marrero Cruz to the National Assembly on June 18 and 19.
Among the most significant measures are the authorization of private banking for the first time since 1959, private currency exchange houses, currency auctions, and a real-time digital exchange market. However, its implementation requires modifying more than 148 legal provisions and approving 32 new regulations, a process that could take several months.
The United States Government described the reforms as "superficial smoke signals".
The dollar has experienced a steady increase throughout June: it rose from 585 CUP at the beginning of the month to 695 CUP recorded this Monday, an increase of 110 CUP in just twenty days.
Sandro Castro has been publicly at war with elToque for months. In October 2025, he blamed the platform for the rise of the dollar, and in November he accused it of earning "100 million dollars" in a single day by manipulating the market.
Despite their attacks on social media against the independent media, their economic forecasts, their blind faith in the new measures, and their repeated campaigns online, the price of the dollar does not seem like it will stop rising in the black market, at least for now.
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