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Maduro, it seems, blew through a big chunk of the money the country stockpiled in the run-up to the election, spending on campaign rallies in a futile attempt to court voters and win legitimately. Now, as Maduro dismisses demands from foreign governments, protesters and the political opposition for an audit of the election results, his administration has seemed to recognize the precariousness of the economic situation. At the end of last month, officials announced plans to reduce reserve requirements for banks in a bid to spur lending in the moribund local credit market. The biggest pain point, however, is in the currency market, where demand for greenbacks has overwhelmed the limited supply offered by the central bank, reviving a parallel market used to skirt supply shortages and controls. In unofficial markets it takes That compares with In the run-up to the vote, Maduro covered the capital in ads, billboards and murals, and staged almost daily campaign events across the country that often included musical acts and elaborate production. All that spending compelled the central bank to step up dollar sales to mop up the excess supply of bolivars unleashed by government spending. The central bank is in a jam partly because the bolivar is overvalued given the rate of inflation. For now, Maduro continues to follow the playbook of autocratic leaders before him.