By Ernesto Estremadoiro, El Deber: The exchange rate is quoted at Bs 9.76 per dollar / Photo: Social Media The banking sector stated that the financial system is prepared to operate under the new exchange-rate regime and announced that, beginning July 15, the gradual return of dollar deposits will continue. The Association of Private Banks…
The Dollar After the Adjustment | El dólar después del ajuste
By Óscar Heredia, El Diario: There are economic decisions that seek to solve an urgent problem, and others that signal the beginning of a new stage. The recent easing of the foreign exchange market belongs to the second category. Not because it will, by itself, solve the problems Bolivia faces, but because it acknowledges a…
Justice Jails Three People for Trafficking Giant Titicaca Frogs | La Justicia castiga con cárcel a tres personas por traficar ranas gigantes del Titicaca
By EFE, Red Uno: Justice sentenced two women and one man to three years in prison after proving the trafficking of 26 giant Titicaca frogs, a species classified as critically endangered. Historic sentence for trafficking giant frogs from Lake Titicaca. Photo: file image/EFE Verde Bolivia’s Justice system sentenced two women and one man to three…
MAS Burned Reserves to Defend Dollar Peg | MAS quemó reservas para sostener el tipo de cambio
By Milton Condori, Vision 360: MAS Government Used International Reserves to Sustain the Fixed Exchange Rate for 15 Years, Analysts Say That exchange-rate regime dates back to 2011 and remained in force during the time the governments of the blue party were in power. This week, the government of Rodrigo Paz abolished it. The exchange…
How to Bring Dollars Back into the Financial System | Cómo hacer que los dólares regresen al sistema financiero
By Fernando Untoja, Eju.tv: Over the past few weeks, Bolivia’s economic debate has revolved almost exclusively around the exchange rate. Economists, analysts, and commentators have discussed whether the dollar should rise, fall, float freely, or be fixed once again. However, while the spotlight remains focused on the price of the currency, a far more important…
Government Cuts Tariffs to Cushion the Impact of the New Dollar Exchange Rate | Gobierno reduce aranceles para amortiguar el impacto del nuevo dólar
By El Deber: The Government seeks to lessen the impact of the exchange rate flexibilization. Supreme Decree 5646 reduces import tariff rates by five percentage points for goods currently subject to duties of between 30% and 40%, with the measure remaining in effect until December 2027. The Executive Branch aims to prevent the new flexible…
