By Erika Segales, El Deber: USDT is one of the most widely used types of digital dollars in the country, amid the shortage of foreign currency. Photo: Binance The amounts required to open an account range between $5,000 and $10,000. In addition, transaction limits have become barriers for users. In a context marked by a…
Dollar Drifts Toward Market Reality | El dólar se acerca al mercado
By El Diario: Dollar value responds to the market rather than the official exchange rate The behavior of the Central Bank of Bolivia’s (BCB) reference dollar value confirms that the Bolivian financial system is moving toward a scenario in which the price of the dollar increasingly responds to real market conditions rather than the official…
Open skies: four airlines show interest in operating in Bolivia | Cielos abiertos: cuatro aerolíneas tienen interés en operar en Bolivia
By Paulo Alejandro Lizárraga, Vision 360: These are Flybondi, Arajet, American Airlines (AA), and, joining the list, NeoSur, the successor to the now-defunct AeroSur. Reference image of an airplane taking off from an airport. Photo: Stock / Archive Since January of this year, at least four international and domestic airlines have expressed interest in operating…
Usual Political Customs in Bolivia | Costumbres políticas usuales en Bolivia
By Carlos Toranzo, Brujula Digital: Racism has been one of the political customs that has run throughout the entirety of Bolivian history, joining the centuries-old discrimination of indigenous and popular sectors by oligarchies or aristocracies. If more than a century ago aristocracies discriminated against Indians, in the 21st century urban popular sectors and popular mestizos…
Dollar reality overtakes policy | La realidad del dólar supera la política
By Erika Segales, El Deber: The official dollar loses weight after 14 years, and the reference rate dominates the real economy Home purchases, payments abroad, and even digital services are now calculated using the “reference” exchange rate. This is compounded by a recent decision by the Central Bank of Bolivia (BCB) that loosens the market…
What changes for your wallet? Bolivia eliminates the Financial Transactions Tax | ¿Qué cambia para tu bolsillo? Eliminan el impuesto a transacciones financieras en Bolivia
By Red Uno: President Rodrigo Paz enacted Law 1717, which eliminates the Financial Transactions Tax (ITF), a levy that had taxed multiple banking operations since 2006. Photo: Dollar and euro banknotes (El Cronista) President Rodrigo Paz enacted Law 1717, which eliminates the Financial Transactions Tax (ITF), a levy that had taxed multiple banking operations since…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 