By Ernesto Estremadoiro, El Deber: The dollar stabilizes after a period of high volatility / Photo: Ricardo Montero The U.S. currency ends the year with stability after the historic peaks recorded during the government of Luis Arce, when it reached quotations as high as Bs 19. The Central Bank keeps its reference below Bs 10….
Tag: exchange rates
Returning to a Single Floating Exchange Rate | Volvemos a un tipo de cambio único y flotante
By Ernesto Estremadoiro, El Deber: Minister of Economy: “We are returning to a single, floating exchange rate, accessible to everyone” The currency stabilizes in the market The Minister of Economy states that the dollar remains stable and that in the coming weeks the Central Bank will begin rebuilding its reserves. The Minister of Economy, José…
Resolver la Crisis o Enfrentar la Caída | Solve the Crisis or Face the Fall
Editorial, Pensamientos Bolivianos: Bolivia al Límite: A Bolivia se le acaba el tiempo. Las distorsiones económicas de los últimos quince años han creado una tormenta perfecta: escasez de combustible, un mercado del dólar asfixiado, reservas colapsando y creciente tensión social. No es una crisis accidental; es el resultado previsible del intervencionismo, las instituciones politizadas y…
The virtual dollar price gets closer and closer to the BCB’s reference value | Precio del dólar virtual se acerca cada vez más al valor referencial del BCB
By Raúl Domínguez, El Deber: The price of the dollar continues to plunge/Photo: Archive The reference value of the U.S. currency established by the Central Bank of Bolivia had abruptly lowered its rate: Bs 8.80 for buying and Bs 8.88 for selling. The value of the cryptocurrency or “stablecoin” USDT had also fallen from Bs…
Government bets on “gradualism,” but the economy requires shock measures | Gobierno apuesta por el “gradualismo”, pero economía requiere medidas de shock
By El Diario: “Gradualism” is part of the economic management of Rodrigo Paz’s government, in a political, economic, and financial scenario that is not the most favorable for implementing shock measures, but it must be reversed or readjusted as soon as possible, and a concrete and feasible economic plan must be presented, according to economic…
The Historical Role of Rodrigo Paz | El rol histórico de Rodrigo Paz
By Antonio Saravia, Vision 360: Rodrigo Paz must understand that his role is to go down in history as the president who did the dirty work so the country can have a future. I have the impression that Rodrigo Paz and his government still haven’t understood their historical role. The mandate given to them by…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 