IBOV 171,908 ▼ 1.35% IPSA 10,821 ▲ 0.55% IPC MEX 67,509 ▲ 0.67% MERVAL 3,245,197 ▲ 1.51% COLCAP 2,274.98 ▼ 0.90% BVL PERÚ 55,976.67 ▲ 0.37% USD/BRL5.15▼ 0.36% USD/MXN17.43▼ 0.29% USD/CLP926.51▲ 0.59% USD/COP3,353▲ 0.62% USD/PEN3.40▼ 0.01% USD/ARS1,489▲ 0.05% USD/UYU40.23▲ 0.04% USD/PYG6,041▼ 0.18% USD/BOB6.85▼ 0.15% USD/DOP58.50▼ 0.46% USD/CRC450.38▼ 0.13% USD/GTQ7.62▲ 0.05% USD/HNL26.71▲ 0.01% USD/NIO 36.62 — 0.00% USD/VES665.38▲ 13.42% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD155.98▼ 0.82% USD/TTD6.73▲ 1.05% EUR/BRL5.90▼ 1.05% BRENT 71.93 ▲ 0.18% WTI 68.45 ▼ 0.35% IRON ORE 161.91 — — COPPER 6.22 ▲ 1.76% GOLD 4,157 ▲ 1.08% SILVER 62.07 ▲ 2.35% SOY 1,189 ▲ 5.08% CORN 456.50 ▲ 7.41% WHEAT 610.25 ▲ 3.34% COFFEE 336.55 ▲ 6.62% SUGAR 15.19 ▲ 2.29% ORANGE JUICE 167.05 ▼ 3.99% COTTON 78.28 ▲ 7.87% COCOA 5,704 ▲ 15.26% BEEF 239.43 ▲ 0.08% CATTLE 360.85 ▲ 0.06% LITHIUM 76.15 ▼ 0.50% PETR4 37.69 ▼ 1.46% VALE3 77.97 ▼ 1.10% ITUB4 42.25 ▼ 1.15% BBDC4 17.78 ▼ 0.74% ABEV3 15.71 ▼ 3.56% BBAS3 19.75 ▼ 1.15% B3SA3 14.57 ▼ 1.29% WEGE3 46.15 ▼ 0.71% PRIO3 53.04 ▲ 0.15% SUZB3 40.57 ▼ 0.56% RENT3 40.45 ▼ 2.41% AZZA3 17.59 ▲ 2.63% CSAN3 3.86 ▲ 2.12% RAIZ4 0.38 ▼ 2.56% PCAR3 2.57 ▼ 2.28% GMAT3 3.68 ▼ 1.87% PSSA3 53.36 ▼ 1.53% CVCB3 1.29 ▼ 1.53% POSI3 3.73 ▼ 4.85% SLCE3 12.75 ▼ 0.47% NATU3 8.29 ▼ 1.07% BRKM5 6.19 ▼ 0.80% RANI3 7.90 ▼ 0.25% CSNA3 4.83 ▲ 0.21% CMIN3 4.31 — 0.00% USIM5 8.75 ▼ 0.23% GGBR4 21.66 ▲ 1.03% ENEV3 26.06 ▼ 2.14% NEOE3 33.80 — 0.00% CPFE3 45.02 ▼ 1.47% CMIG4 10.92 ▼ 1.00% EQTL3 38.91 ▼ 1.34% LREN3 14.35 ▼ 3.04% VIVT3 34.35 ▼ 1.15% RAIL3 13.35 ▼ 2.05% KLABIN 16.87 ▼ 1.35% RAIA DROGASIL 17.39 ▲ 2.57% RDOR3 35.03 ▼ 2.01% HAPV3 10.35 ▼ 2.63% FLRY3 15.65 ▼ 0.45% SMTO3 15.00 ▼ 1.98% UGPA3 27.25 ▼ 1.02% VBBR3 29.95 ▼ 1.42% BBSE3 38.46 ▼ 0.49% BPAC11 55.09 ▼ 1.34% CURY3 33.85 ▼ 3.09% AERI3 2.03 ▲ 0.50% VIVARA 22.66 ▼ 0.48% COMPASS 24.72 ▼ 0.20% VAMOS 2.79 ▼ 2.79% SANB11 26.76 ▼ 0.71% ASAI3 8.62 ▼ 1.93% SBSP3 29.70 ▼ 2.21% WALMEX 49.54 ▼ 1.14% GMEXICO 201.75 ▲ 1.12% FEMSA 226.07 ▲ 0.67% CEMEX 21.51 ▲ 0.37% GFNORTE 189.90 ▲ 1.52% BIMBO 56.66 ▲ 0.68% TELEVISA 9.32 ▼ 1.17% AMX 22.70 ▲ 0.71% GAP 446.18 ▲ 2.01% ASUR 312.34 ▲ 0.49% OMA 247.24 ▲ 0.86% KOF 187.81 ▲ 0.71% GRUMA 283.68 ▲ 1.10% KIMBER 39.02 ▲ 1.04% SQM-B 67,871 ▲ 1.32% COPEC 5,870 ▲ 1.01% BSANTANDER 75.62 ▲ 0.76% FALABELLA 5,835 ▼ 0.09% ENELAM 82.51 ▲ 0.08% CENCOSUD 2,080 ▼ 0.48% CMPC 1,052 ▲ 1.07% BANCO CHILE 183.80 ▲ 0.72% LATAM AIR 26.40 ▲ 1.77% YPF 72,300 ▲ 1.01% GGAL 8,255 ▲ 3.58% PAMPA 5,110 ▼ 0.49% TXAR 677.50 ▲ 2.03% ALUAR 999.50 ▲ 0.65% TGS 9,165 ▼ 0.33% CEPU 2,338 ▲ 0.65% MIRGOR 17,025 ▼ 1.59% COME 43.36 ▲ 2.55% LOMA NEGRA 3,688 ▲ 0.41% BYMA 311.00 ▲ 0.57% TELECOM ARG 4,030 ▲ 1.00% ECOPETROL 14.58 ▼ 0.82% BANCOLOMBIA 80.25 ▲ 1.39% GRUPO AVAL 5.14 ▲ 1.58% CREDICORP 391.89 ▲ 0.17% SOUTHERN COPPER 174.92 ▲ 1.69% BUENAVENTURA 29.86 ▲ 0.45% MERCADOLIBRE 1,790 ▲ 1.52% NUBANK 13.71 ▲ 0.73% XP 16.45 ▲ 1.76% PAGSEGURO 8.83 ▼ 3.23% STONE 10.67 ▼ 4.52% GLOBANT 31.65 ▼ 2.65% TECNOGLASS 44.74 ▼ 1.93% GAP AIRPORT 256.09 ▲ 0.94% ASUR 312.34 ▲ 0.49% OMA AIRPORT 113.17 ▲ 1.29% AMX ADR 25.92 ▲ 0.78% FEMSA ADR 129.13 ▼ 0.13% CEMEX ADR 12.32 ▲ 0.20% PETROBRAS ADR 16.15 ▲ 0.24% VALE ADR 15.11 ▲ 0.77% ITAU ADR 8.17 ▲ 0.55% SANTANDER BR 5.24 ▲ 0.87% AMBEV ADR 3.04 ▼ 2.10% CSN 0.95 ▲ 4.81% GERDAU 4.20 ▲ 3.19% LATAM ADR 57.19 ▲ 1.34% BTC 63,551 ▲ 0.00% ETH 1,791 ▲ 0.43% SOL 81.91 ▲ 0.60% XRP 1.15 ▼ 0.62% BNB 583.76 ▼ 0.88% ADA 0.18 ▼ 2.52% DOGE 0.08 ▼ 1.56% AVAX 6.95 ▲ 0.47% LINK 8.03 ▼ 0.24% DOT 0.89 ▲ 0.75% LTC 45.10 ▼ 1.35% BCH 240.55 ▼ 1.36% TRX 0.33 ▼ 0.46% XLM 0.20 ▼ 1.21% HBAR 0.07 ▼ 1.79% NEAR 2.06 ▲ 2.53% ATOM 1.59 ▼ 0.31% AAVE 96.50 ▲ 8.46% SELIC 14.25% EMBRAER 86.07 ▲ 1.46% EMBRAER ADR 66.87 ▲ 4.30% JBS 12.02 ▼ 1.96% JBS BDR 61.80 ▼ 1.90% MBRF3 16.49 ▼ 1.73% MBRFY 3.18 ▼ 2.75% INTER 5.57 ▲ 1.74% EGX 52,503 ▲ 2.68% USD/ZAR16.22▼ 0.02% USD/NGN1,367▼ 0.10% NIKKEI 69,738 ▼ 0.01% CSI300 4,842 — 0.00% HSI 23,616 ▲ 1.14% NIFTY 24,430 ▲ 0.66% KOSPI 8,051 ▼ 0.46% JCI 5,916 ▲ 0.69% USD/JPY162.25▲ 0.58% USD/CNY6.78▲ 0.01% DAX 25,818 ▲ 0.15% CAC 8,480 ▼ 0.33% FTSE 10,652 ▼ 0.26% MIB 52,959 ▲ 0.27% IBEX 19,684 ▼ 0.85% STOXX 650.50 ▼ 0.35% EUR/USD1.14— 0.00% GBP/USD1.34▲ 0.16% SPX 7,534 ▲ 0.68% DJI 52,880 ▼ 0.04% NDX 29,788 ▲ 1.56% RUT 3,023 ▲ 0.89% TSX 35,203 ▼ 0.20% VIX 15.88 ▲ 0.44% USD/CAD1.42▲ 0.11% US10Y 4.4850 — 0.00% IBOV 171,908 ▼ 1.35% IPSA 10,821 ▲ 0.55% IPC MEX 67,509 ▲ 0.67% MERVAL 3,245,197 ▲ 1.51% COLCAP 2,274.98 ▼ 0.90% BVL PERÚ 55,976.67 ▲ 0.37% USD/BRL 5.15 ▼ 0.38% USD/MXN 17.43 ▼ 0.28% USD/CLP 926.67 ▲ 0.60% USD/COP 3,356 ▲ 0.71% USD/PEN 3.40 ▼ 0.00% USD/ARS 1,489 ▲ 0.05% USD/UYU 40.23 ▲ 0.04% USD/PYG 6,041 ▼ 0.18% USD/BOB 6.85 ▼ 0.15% USD/DOP 58.50 ▼ 0.46% USD/CRC 450.38 ▼ 0.13% USD/GTQ 7.62 ▲ 0.05% USD/HNL 26.71 ▲ 0.01% USD/NIO 36.62 — 0.00% USD/VES 665.38 ▲ 13.42% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 155.98 ▲ 0.34% USD/TTD 6.73 ▲ 1.12% EUR/BRL 5.90 ▼ 1.05% BRENT 71.93 ▲ 0.18% WTI 68.45 ▼ 0.35% IRON ORE 161.91 — — COPPER 6.22 ▲ 1.76% GOLD 4,157 ▲ 1.08% SILVER 62.07 ▲ 2.35% SOY 1,189 ▲ 5.08% CORN 456.50 ▲ 7.41% WHEAT 610.25 ▲ 3.34% COFFEE 336.55 ▲ 6.62% SUGAR 15.19 ▲ 2.29% ORANGE JUICE 167.05 ▼ 3.99% COTTON 78.28 ▲ 7.87% COCOA 5,704 ▲ 15.26% BEEF 239.43 ▲ 0.08% CATTLE 360.85 ▲ 0.06% LITHIUM 76.15 ▼ 0.50% PETR4 37.69 ▼ 1.46% VALE3 77.97 ▼ 1.10% ITUB4 42.25 ▼ 1.15% BBDC4 17.78 ▼ 0.74% ABEV3 15.71 ▼ 3.56% BBAS3 19.75 ▼ 1.15% B3SA3 14.57 ▼ 1.29% WEGE3 46.15 ▼ 0.71% PRIO3 53.04 ▲ 0.15% SUZB3 40.57 ▼ 0.56% RENT3 40.45 ▼ 2.41% AZZA3 17.59 ▲ 2.63% CSAN3 3.86 ▲ 2.12% RAIZ4 0.38 ▼ 2.56% PCAR3 2.57 ▼ 2.28% GMAT3 3.68 ▼ 1.87% PSSA3 53.36 ▼ 1.53% CVCB3 1.29 ▼ 1.53% POSI3 3.73 ▼ 4.85% SLCE3 12.75 ▼ 0.47% NATU3 8.29 ▼ 1.07% BRKM5 6.19 ▼ 0.80% RANI3 7.90 ▼ 0.25% CSNA3 4.83 ▲ 0.21% CMIN3 4.31 — 0.00% USIM5 8.75 ▼ 0.23% GGBR4 21.66 ▲ 1.03% ENEV3 26.06 ▼ 2.14% NEOE3 33.80 — 0.00% CPFE3 45.02 ▼ 1.47% CMIG4 10.92 ▼ 1.00% EQTL3 38.91 ▼ 1.34% LREN3 14.35 ▼ 3.04% VIVT3 34.35 ▼ 1.15% RAIL3 13.35 ▼ 2.05% KLABIN 16.87 ▼ 1.35% RAIA DROGASIL 17.39 ▲ 2.57% RDOR3 35.03 ▼ 2.01% HAPV3 10.35 ▼ 2.63% FLRY3 15.65 ▼ 0.45% SMTO3 15.00 ▼ 1.98% UGPA3 27.25 ▼ 1.02% VBBR3 29.95 ▼ 1.42% BBSE3 38.46 ▼ 0.49% BPAC11 55.09 ▼ 1.34% CURY3 33.85 ▼ 3.09% AERI3 2.03 ▲ 0.50% VIVARA 22.66 ▼ 0.48% COMPASS 24.72 ▼ 0.20% VAMOS 2.79 ▼ 2.79% SANB11 26.76 ▼ 0.71% ASAI3 8.62 ▼ 1.93% SBSP3 29.70 ▼ 2.21% WALMEX 49.54 ▼ 1.14% GMEXICO 201.75 ▲ 1.12% FEMSA 226.07 ▲ 0.67% CEMEX 21.51 ▲ 0.37% GFNORTE 189.90 ▲ 1.52% BIMBO 56.66 ▲ 0.68% TELEVISA 9.32 ▼ 1.17% AMX 22.70 ▲ 0.71% GAP 446.18 ▲ 2.01% ASUR 312.34 ▲ 0.49% OMA 247.24 ▲ 0.86% KOF 187.81 ▲ 0.71% GRUMA 283.68 ▲ 1.10% KIMBER 39.02 ▲ 1.04% SQM-B 67,871 ▲ 1.32% COPEC 5,870 ▲ 1.01% BSANTANDER 75.62 ▲ 0.76% FALABELLA 5,835 ▼ 0.09% ENELAM 82.51 ▲ 0.08% CENCOSUD 2,080 ▼ 0.48% CMPC 1,052 ▲ 1.07% BANCO CHILE 183.80 ▲ 0.72% LATAM AIR 26.40 ▲ 1.77% YPF 72,300 ▲ 1.01% GGAL 8,255 ▲ 3.58% PAMPA 5,110 ▼ 0.49% TXAR 677.50 ▲ 2.03% ALUAR 999.50 ▲ 0.65% TGS 9,165 ▼ 0.33% CEPU 2,338 ▲ 0.65% MIRGOR 17,025 ▼ 1.59% COME 43.36 ▲ 2.55% LOMA NEGRA 3,688 ▲ 0.41% BYMA 311.00 ▲ 0.57% TELECOM ARG 4,030 ▲ 1.00% ECOPETROL 14.58 ▼ 0.82% BANCOLOMBIA 80.25 ▲ 1.39% GRUPO AVAL 5.14 ▲ 1.58% CREDICORP 391.89 ▲ 0.17% SOUTHERN COPPER 174.92 ▲ 1.69% BUENAVENTURA 29.86 ▲ 0.45% MERCADOLIBRE 1,790 ▲ 1.52% NUBANK 13.71 ▲ 0.73% XP 16.45 ▲ 1.76% PAGSEGURO 8.83 ▼ 3.23% STONE 10.67 ▼ 4.52% GLOBANT 31.65 ▼ 2.65% TECNOGLASS 44.74 ▼ 1.93% GAP AIRPORT 256.09 ▲ 0.94% ASUR 312.34 ▲ 0.49% OMA AIRPORT 113.17 ▲ 1.29% AMX ADR 25.92 ▲ 0.78% FEMSA ADR 129.13 ▼ 0.13% CEMEX ADR 12.32 ▲ 0.20% PETROBRAS ADR 16.15 ▲ 0.24% VALE ADR 15.11 ▲ 0.77% ITAU ADR 8.17 ▲ 0.55% SANTANDER BR 5.24 ▲ 0.87% AMBEV ADR 3.04 ▼ 2.10% CSN 0.95 ▲ 4.81% GERDAU 4.20 ▲ 3.19% LATAM ADR 57.19 ▲ 1.34% BTC 63,551 ▲ 0.00% ETH 1,791 ▲ 0.43% SOL 81.91 ▲ 0.60% XRP 1.15 ▼ 0.62% BNB 583.76 ▼ 0.88% ADA 0.18 ▼ 2.52% DOGE 0.08 ▼ 1.56% AVAX 6.95 ▲ 0.47% LINK 8.03 ▼ 0.24% DOT 0.89 ▲ 0.75% LTC 45.10 ▼ 1.35% BCH 240.55 ▼ 1.36% TRX 0.33 ▼ 0.46% XLM 0.20 ▼ 1.21% HBAR 0.07 ▼ 1.79% NEAR 2.06 ▲ 2.53% ATOM 1.59 ▼ 0.31% AAVE 96.50 ▲ 8.46% SELIC 14.25% EMBRAER 86.07 ▲ 1.46% EMBRAER ADR 66.87 ▲ 4.30% JBS 12.02 ▼ 1.96% JBS BDR 61.80 ▼ 1.90% MBRF3 16.49 ▼ 1.73% MBRFY 3.18 ▼ 2.75% INTER 5.57 ▲ 1.74% EGX 52,503 ▲ 2.68% USD/ZAR 16.22 ▼ 0.02% USD/NGN 1,367 ▲ 0.04% NIKKEI 69,738 ▼ 0.01% CSI300 4,842 — 0.00% HSI 23,616 ▲ 1.14% NIFTY 24,430 ▲ 0.66% KOSPI 8,051 ▼ 0.46% JCI 5,916 ▲ 0.69% USD/JPY 162.24 ▲ 0.56% USD/CNY 6.7812 ▲ 0.16% DAX 25,818 ▲ 0.15% CAC 8,480 ▼ 0.33% FTSE 10,652 ▼ 0.26% MIB 52,959 ▲ 0.27% IBEX 19,684 ▼ 0.85% STOXX 650.50 ▼ 0.35% EUR/USD 1.1432 ▼ 0.07% GBP/USD 1.3375 ▲ 0.19% SPX 7,534 ▲ 0.68% DJI 52,880 ▼ 0.04% NDX 29,788 ▲ 1.56% RUT 3,023 ▲ 0.89% TSX 35,203 ▼ 0.20% VIX 15.88 ▲ 0.44% USD/CAD 1.4214 ▲ 0.11% US10Y 4.4850 — 0.00%
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Monday, July 6, 2026

Latin America Central America

El Salvador Removes Presidential Limits as Parliament Backs Bukele’s Long Rule

By · August 1, 2025 · 2 min read

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El Salvador’s parliament passed a historic set of reforms on July 31, 2025. The new rules remove presidential term limits, extend each presidential term from five to six years, and synchronize all national elections to 2027.

President Nayib Bukele’s party, which holds 57 of 60 parliamentary seats, pushed these changes through quickly and with little debate. Supporters of President Bukele say these reforms give citizens the power to choose their leader as often as they wish.

Bukele remains very popular, having scaled back violence and gang activity with strict security measures. Many Salvadorans appreciate the results and view presidential continuity as a path to stability.

The new law also means a candidate can win without a majority, only needing the most votes. For businesses and investors, these changes may seem to offer a steady political climate.

El Salvador Removes Presidential Limits as Parliament Backs Bukele’s Long Rule
El Salvador Removes Presidential Limits as Parliament Backs Bukele’s Long Rule. (Photo Internet reproduction)
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However, they remove longstanding limits designed to prevent any one person or party from gaining total power. In the past, El Salvador’s constitution blocked presidents from serving more than two consecutive terms.

This aimed to ensure fair competition and protect against one-party rule, which has caused trouble elsewhere in Latin America. The way these changes were made also matters.

Lawmakers moved quickly, bypassing open debate and keeping opposition out of the decision. Critics worry this shift weakens democracy and reduces transparency.

While public support for Bukele remains high, some groups see risks of falling press freedom and shrinking options for political challengers.

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