Editorial, El Diario: After more than fifty days of violent protest marches and brutal road blockades, a period of calm has finally arrived for most of the population affected by such pressure tactics. The city of La Paz has been particularly harmed, as it is frequently a center of social unrest due to its status…
Category: Politics
Expert Calls Chile’s Nighttime Border Closure an “Unfriendly Act” | Especialista califica como “acción inamistosa” actitud de Chile por cierre nocturno de la frontera
By Brújula Digital: Martínez warned that this measure violates the 1904 Treaty and its 1937 supplementary protocol, which guarantee Bolivia free transit “at all times, in all places, and for all types of goods.” Stranded trucks / Unitel Diplomat and international affairs analyst Ricardo Martínez described as “an unfriendly and bad-faith action” the unilateral decision by the…
Roadblocks and Legal Uncertainty Could Push the Dollar Higher | Bloqueos e inseguridad jurídica pueden elevar precio del dólar
By El Diario: Under the new floating exchange rate system, roadblocks and legal uncertainty are likely to cause the U.S. dollar to appreciate against the boliviano, according to Ramiro Cavero, an economist with Alianza Libre. For that reason, he argues that a climate of social stability is needed to attract capital from foreign investors. Unlike…
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…
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…
