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Carnival is a significant public holiday in Bolivia, characterized by cultural festivities and nationwide celebrations. During this period, financial markets, government offices, and most private businesses are closed across the country. This leads to a total halt in domestic trading activities and the settlement of financial instruments. Investors should account for reduced liquidity in regional markets and delays in the release of local economic data during this festive period.
This is a calendar event determined by the lunar calendar, specifically falling on the Monday and Tuesday before Ash Wednesday.
No historical data available