By Gonzalo Chávez, Brujula Digital: There are moments when economics resembles psychology more than mathematics. For months, Bolivia lived through a curious collective exercise in denial. The government insisted that the official exchange rate remained one thing (Bs 6.86–6.96 per dollar), while the market—with the stubbornness it always displays when a good becomes scarce—used something…
Dollar Withdrawals Expand | Amplían retiros de dólares
By El Deber: Confirmed: Starting July 15, deposits of $1,000 to $3,000 will be returned Depositors will be able to withdraw their dollars in cash. File photo: Ricardo Montero / EL DEBER “If you want to withdraw the full amount (of your savings within the established range), you will be able to do so without…
Dollar Float Sparks Debate | Dólar flexible desata debate
By Erika Segales, El Deber: Was It the Right Time? Economists Disagree Over the Flexible Dollar Exchange Rate Some experts view the flexible exchange rate as a necessary adjustment to acknowledge an economic reality that already existed, while others warn that implementing it without addressing underlying imbalances could shift pressures to other sectors of the…
Dollar Floats in Bolivia | Bolivia libera el dólar
By Lourdes Molina, El Deber: The BCB Establishes That the Flexible Exchange Rate Will Take Effect Starting Monday, June 29 The Ministry of Economy and Public Finance officially established this Friday Bolivia’s transition to a flexible exchange rate regime Through its official website, the Central Bank of Bolivia (BCB) determined that, starting Monday, June 29,…
Economic Recovery at Risk | Reactivación en Riesgo
By Germaine Barriga, Vision 360: Analyst Warns Economic Recovery Will Be Very Difficult Without Punishment for Those Who Promoted Road Blockades As long as there is no certainty that this will not happen again, it will be very difficult to convince people to invest in La Paz and establish businesses in Bolivia, at least in…
Criminal Complaint Against Edmand Lara, Evo Morales, Mario Argollo, Nilton Condori, and Vicente Salazar | Demanda penal contra Edmand Lara, Evo Morales, Mario Argollo, Nilton Condori y Vicente Salazar
By Diana Doria Medina, Unitel: Union Leader Announces Criminal Complaint Against Edmand Lara, Evo Morales, Mario Argollo, Nilton Condori, and Vicente Salazar “There are five people responsible here, and up to today, the Prosecutor’s Office should have placed precautionary liens on the assets of these individuals,” said union leader Toño Siñani. [Photo: APG] / The…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 