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El Presidente is made with blanc vermouth, not dry. The extra sweetness complements the small amount of grenadine and curaçao. Why fiddle with what is already a nearly perfect cocktail?
With only bianco vermouth the Presidente needs a splash of lime [see “El Presidente (Sloppy Joes)” link above] or it is too sweet. However, I also see that with dry vermouth some find this too dry. Hence, in the spirit of compromise, I’ve moved to 50:50 of each vermouth and must admit that the cocktail is better for it.