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Investing.com -- Bolivia will hold elections on August 17 amid growing concerns about a potential currency crisis, with a significant depreciation appearing increasingly likely regardless of the outcome.
Right-wing opposition candidates are favored to win, according to current indicators. Such a victory would likely be viewed positively by investors, potentially opening the path for market-oriented reforms and substantial fiscal tightening measures.
While investors seem to have already factored in expectations of policy changes following the election, any incoming government may face considerable social and political limitations on implementing comprehensive reforms.
The Bolivian economy remains at high risk of currency instability, with economic challenges expected to persist beyond the upcoming vote.
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