đŸ’”đŸ‡»đŸ‡Ș Venezuela Resumes Dollar Sales to Stabilize Markets

- Dollar Auctions Restarted: Venezuela’s central bank has resumed selling U.S. dollars to stabilize the bolivar.$FHE

- Reason for Pause: The program was halted due to disruptions from the U.S. oil blockade.

- Economic Impact:

- Bolivar depreciation 📉

- Rising inflation đŸ”„

- Shrinking foreign currency inflows 💔

- Government’s Goal: Protect citizens’ purchasing power and curb volatility.

- Analyst View: Helpful in the short term, but long-term stability requires diversification beyond oil exports.$DUSK

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🌍 Context & Outlook

- Geopolitical Pressure: U.S. sanctions continue to choke Venezuela’s oil revenues.

- Short-Term Relief: Dollar sales may calm inflation and exchange rate swings.

- Long-Term Challenge: Without reforms and new revenue streams, Venezuela’s economy remains fragile.$STO

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