Will Venezuela return to its former glory days?
Charles Patterson, CFA January 7, 2026 Will Venezuela return to its former glory days now? Do such days even exist? When viewed through historical data, the picture isn’t clear. The path ahead appears more difficult and the challenges more endemic than might seem evident at first glance. Venezuela has a long history of currency controls and multiple exchange rates, with parallel rates transacted on the streets of Caracas at times wholly disconnected from official rates. This makes...
