Growing economic uncertainty in Venezuela following Maduro's victory in the elections.

The economic scenario in Venezuela has become increasingly uncertain following the recent results of the presidential elections, where the National Electoral Council (CNE) declared Nicolás Maduro the winner. This announcement has led to a notable increase in tension and speculation surrounding the price of the dollar, creating an atmosphere of expectation and caution among both local and international investors. According to the latest information provided by the Central Bank of Venezuela (BCV), the U.S. dollar closed the day at a value of $4,059.9, surpassing the Representative Market Rate, which was at $4,014.5. The current context is particularly critical, as the dollar's price has shown an upward trend, reaching a maximum value of $4,081.99 during the day, while the minimum recorded was $4,027.1. In total, 2,508 transactions were carried out for an amount exceeding $1.247 billion. This increase in the dollar's price reflects not only concerns about the future of the Venezuelan economy but also an immediate reaction to an electoral process that, despite being considered controversial, has generated a series of reactions in the financial sphere. Juan Pablo Vieira, CEO and founder of JP Tactical Trading, has pointed out that the political situation in Venezuela is generating palpable apprehension among investors. According to Vieira, the fact that the country has a government allied with certain powers, along with expectations regarding the upcoming constitutional assembly, are factors that heighten uncertainty. Analysts warn that the coming weeks will be crucial in determining economic stability, not only in the country but also in the region, where the implications of Venezuelan politics are of great relevance. On the other hand, for those seeking information on the parallel exchange rate, platforms like DolarToday and Monitor Dólar have become crucial sources. These platforms publish daily averages of the dollar in the parallel market, determined based on the supply and demand for bolívares in major cities across Venezuela. This information is vital for citizens and businesses that depend on a predictable economic environment to make informed decisions. The rise of the dollar in the electoral context is not an isolated phenomenon. Globally, the monetary policy decisions of countries like the U.S., Japan, and the United Kingdom are being closely watched by investors. These decisions could influence exchange dynamics and, consequently, significantly affect the value of the dollar in Venezuela. The interaction between internal politics and global trends has become more critical than ever. Moreover, the volatility in the exchange rate is also reflected in the daily lives of Venezuelans. With an economic system marked by hyperinflation and scarcity of goods, the price of the dollar has become a thermometer measuring the country's economic health. As citizens face the harsh reality of inflation and the devaluation of the bolívar, the dollar has emerged as the only viable alternative for savings and commercial transactions. The political and economic uncertainty affects not only large investors but also has a direct impact on the day-to-day lives of Venezuelans. The need to adapt to a changing environment has led many to seek refuge in the dollar, which in turn has contributed to changes in consumption and saving patterns in the country. The informal dollarization of the economy has increased the perception of the value of the U.S. currency among the population, which in turn affects the dynamics of the local market. In summary, the recent announcement of Nicolás Maduro as the winner of the elections has triggered a series of reactions in the economic and financial sphere in Venezuela. The price of the dollar continues to rise, generating a climate of uncertainty that affects both investors and ordinary citizens. The interrelation between internal politics and the global economy presents itself as a determining factor in the evolution of the exchange rate and, therefore, in the country's stability in the short and medium term. As the weeks progress, the focus will be on how these elements develop and what consequences they will bring for the future of Venezuela.