Asoban Assures That the New Exchange Rate Will Not Affect Loans or Savings in Bolivianos | Asoban asegura que el nuevo tipo de cambio no afectará los créditos ni los ahorros en bolivianos

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…

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…