Usage Note
Reinante is the present participle of reinar used as an adjective. It can refer to a currently reigning monarch (el rey reinante) or, more broadly, to a condition or atmosphere that currently prevails, such as el silencio reinante (the prevailing silence) or la confusión reinante (the current confusion).
Examples
"La incertidumbre reinante afecta a los mercados."
Natural Translation
The prevailing uncertainty is affecting the markets.
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