By El Deber: INFLATION The Bolivian currency has lost value against the U.S. dollar. Economists predict that June’s inflation will surpass May’s record and climb to 23% year-over-year. When a country’s inflation exceeds double digits, purchasing power quickly begins to erode. This phenomenon is not just a theoretical concern: it means that what can be…
Tag: exchange rates
Bloomberg projects year-on-year inflation of 22% through June | Bloomberg proyecta una inflación interanual de 22% hasta junio
By Daniel Zenteno, La Razón: The international outlet warns that prices will continue to rise due to internal crisis, dollar shortages, and social conflicts. Price increases cause inflation. Photo: Archive Inflation in Bolivia reached its highest level in 34 years this May, and all signs indicate the trend will continue upward. According to projections gathered…
USDT: The crypto gaining ground amid the dollar shortage | La cripto que gana terreno en medio de la escasez de dólares
By Leonel Suárez, El País: Romero believes the main risk of using USDT in Bolivia is the population’s limited knowledge about how cryptoassets work, which opens the door to potential scams In the face of the persistent dollar shortage in Bolivia, a new currency is starting to circulate more strongly in the country: USDT (Tether),…
Cryptocurrencies: A New Alternative to the Dollar in Bolivia? | Criptomonedas: ¿la nueva alternativa al dólar en Bolivia?
By El Deber: The use of cryptocurrencies is growing in Bolivia Until 2024, the use of cryptocurrencies in Bolivia was explicitly restricted due to concerns about their instability and use in illicit activities, limiting their circulation and development in the country. A Bolivian expert analyzes the situation in Bolivia. With the increasing use of cryptocurrencies…
Street money changers sell the dollar at Bs 16.50 in La Paz | Los librecambistas venden el dólar a Bs 16,50 en La Paz
By Carlos Quisbert, Vision 360: Speculation These individuals refuse to give information and accuse the media and the public of “exaggerating” the issue of the U.S. dollar exchange rate. One of the money changer stalls, on the corner of Sagárnaga Street and San Francisco Square. Photo: Carlos Quisbert. At some money changer stalls and exchange…
The dollar drops to 16.41 bolivianos in the parallel market and USDT reaches 16.42 | El dólar baja hasta 16,41 bolivianos en el mercado paralelo y el USDT llega a 16,42
By Marco Antonio Belmonte, Visión 360: Volatile Behavior In some exchange houses the rate is variable, with sales offered at 16.70 bolivianos, 17, and even 17.35, while others have no supply. The dollar’s rate in the parallel market dropped and remains variable. Photo: ABI The dollar in exchange houses dropped on Monday morning to as…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 