By Brujula Digital: BCB: $921 million needed to cover advance gold sale carried out under Arce’s administration “We have been left with that inheritance that all Bolivians will have to pay for in this 2026 term,” explained the president of the BCB. The president of the Central Bank of Bolivia (BCB), David Espinoza, speaks to…
Tag: BCB
Tuto Quiroga warns BCB executives of prison if they don’t hand over 22 tons of gold | Tuto Quiroga advierte cárcel para ejecutivos del BCB si no entregan 22 toneladas de oro
By Erbol: CALLS TO UPHOLD THE LAW Jorge Tuto Quiroga shares an apthapi in the city of Satélite in El Alto this Saturday. Photo/Social networks Presidential candidate Jorge Tuto Quiroga warned this Saturday that he will initiate criminal proceedings against executives of the Central Bank of Bolivia (BCB) if, on November 8—the date when the…
Bolivian money 101: What was the first banknote of Bolivia?
From Bolivia.com: In 1867, Bolivia had its first bill and this is the true story that few know. The history of the first banknotes of Bolivia. Photo: BCB The history of Bolivian, as it is known today, in the form of bills and coins, began in 1867, 42 years after the founding of the country…
Bolivian gov’s mirage is fading! Sales drop in value and volume – Falling income, economic boom gone! – Trade deficit!
El Diario reports: First bimonthly 2015: Sales drop 27% in value and 6% by volume Bolivian exports to February 2015 show a general reduction in values and volumes exported. Likewise the average export prices have been continuously deteriorating, explained by less favorable external economic conditions. In the opinion of the Chamber of Exporters of Santa…
Bolivian Economics 101: The external debt, a serious problem
An Editorial from El Diario: The external debt, a serious problem It seems that there was always a kind of slogan in all governments: appeal for all to indebtedness. Grave resource that seriously compromises the country, both because interest is paid, even as low as they are, and in cases, commissions that even after many…
Remittances: Four of every ten dollars come from Spain
El Diario reports: Remittances: Four of every ten dollars come from Spain Bolivia in 2014, received in remittances the sum of $1,163.6 million dollars, a 1.5% lower amount as compared to 2013, when Bolivia received $1,181.8 million dollars, according to the Central Bank of Bolivia (BCB). According to a report from this institution, the decrease…
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