By Ernesto Estremadoiro Flores, El Deber: TENSION Jean Pierre Antelo, President of Cainco / Photo: Ricardo Montero The president of the Chamber of Industry, Commerce, Services and Tourism of Santa Cruz (Cainco), Jean Pierre Antelo, warned that the current government policies are deepening the economic crisis and putting productivity, employment, and the basic food basket…
Tag: exchange rates
The Times and the Economic Crisis | Los tiempos y la crisis económica
By Gonzalo Chávez, Brujula Digital: In Bolivia, the economy has shown the patience of a Tibetan lama when it comes to incubating its crisis, and the speed of a nosediving condor when it comes to unleashing it. For years, we watched the disaster slowly cook with all the classic ingredients: fiscal populism, a gas addiction,…
Wages are worth 45% less compared to the dollar | El salario vale un 45% menos respecto al dólar
By Juan Carlos Salinas, El Deber: PURCHASING POWER The purchasing power of the boliviano is losing ground /Photo: ABI The loss of the boliviano’s purchasing power since 2024 has already reached 50%. The foreign currency is trading at Bs 15.17. According to the latest study (2023) by the International Labour Organization (ILO), Bolivia has a…
A “cross-cutting crisis” | Una “crisis transversal”
By El Diario: Business leaders call for solutions to a “cross-cutting crisis” In a commemoration of Labor Day marked by economic uncertainty, the Confederation of Private Entrepreneurs of Bolivia (CEPB) issued a strong statement expressing deep concern over the “cross-cutting crisis” currently afflicting the country. Through an official communiqué, the business leadership made it clear…
Beginning crisis with rise in parallel dollar | Comienza la crisis con incremento del dólar paralelo
By Leyla Mendieta Cruz, Unitel: “The crisis is beginning,” says Cadex regarding the rise of the parallel dollar The president of the Chamber of Exporters, Logistics and Investment Promotion of Santa Cruz (Cadex), Oswaldo Barriga, insisted that it is necessary to change the economic model and to authorize exports of products that are currently restricted…
Banks set $100 as the maximum withdrawal from dollar accounts | Bancos fijan $us 100 como retiro máximo en cuentas en dólares
By Brújula Digital: Brújula Digital visited five banks, where staff reported that the maximum withdrawal amount is limited to $100 for at least one week Reference image. Photo: Social Media Banking institutions set the amount of 100 dollars as the maximum withdrawal for people who have dollar accounts. Brújula Digital visited on Friday Banco de…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 