Nayib Bukele has announced his candidacy for reelection in El Salvador's 2024 presidential election, despite the constitution initially banning it. The country's Supreme Court allowed the move through a favorable ruling, paving the way for him to run again. The outcome of the election will be determined by the official ruling of the Tribunal Supremo Electoral (TSE), which is expected to give its verdict once the election takes place. If Bukele wins, the market will resolve in his favor; otherwise, it will not.