ibc2026

📊 A performance that breaks the Venezuelan mold
For years, the financial conversation in Venezuela revolved around a single question: How do I protect my bolívares? The almost automatic answer was the dollar—first physical, then digital, and in recent years USDT as a shield against immediate liquidity needs. However, the weekly close of the Caracas Stock Exchange (BVC) calls for a more nuanced view of that reflex: the Caracas Stock Index (IBC) has gained 301.06% so far in 2026, far outpacing both reported inflation through October (245.45%) and the depreciation of the official exchange rate (201.04%).