Fewer than 40 stocks and forex hell, but Caracas’ bourse is on fire
Bloomberg News
New York | A stunning rally in Venezuelan assets after US forces removed president Nicolás Maduro from power has showcased how unprepared the local market is to absorb the new wave of attention.
Brokerages have been fielding an increasing number of calls from foreign clients asking how to get exposure, convinced that a potential political shift will boost Venezuelan assets, according to local traders who asked not to be identified due to security concerns. But accessing the market isn’t so simple.