Bolivia should not keep its currency high over the others… Monetary Policy 101, Jan 2012

El Dia reports today about the dangers of keeping a higher exchange rate of the Boliviano currency: The Government has defended the Bolivian currency appreciation, because it is an economic protective shield depending on the local markets. Several economists do not agree with this because the appreciation of one currency with respect to the otherContinue reading “Bolivia should not keep its currency high over the others… Monetary Policy 101, Jan 2012”