By Erika Ibáñez, La Razon: According to data from the BCB, the USDT cryptocurrency issued by the company Tether Limited and used as a reference for transactions reached a selling rate of Bs 13.43 on Wednesday. The lack of dollars in the country has been a problem dragging on since 2023. On Wednesday, April 9,…
Tag: exchange rates
Bolivia: Evolución de la política sobre criptomonedas | The evolution of crypto policy
Por SK Arora, Coin Telegram: De la prohibición a la adopción: La evolución de la política sobre criptomonedas en Bolivia REGULACION CRYPTO Puntos clave Bolivia ha tenido una relación turbulenta con las criptomonedas. En 2014, el país impuso una estricta prohibición del uso de criptoactivos, citando preocupaciones sobre la estabilidad financiera y la protección del…
Imposing a commission on card use abroad | Imponen una comisión por el uso de tarjetas en el extranjero
By Erika Ibáñez, https://www.la-razon.com; Eju.tv: Economist: Multiple exchange rates exist in Bolivia, now the ‘card dollar’ emerges The president of the College of Economists of Tarija told La Razón that with the new ASFI regulation imposing a commission on card use abroad, the government is acknowledging that the official rate is merely referential. In Bolivia,…
Inability to ensure subsidized fuel supply | Incapacidad para garantizar el suministro subsidiado de combustible
By Brújula Digital: Facing Supply Shortages, Government Offers Productive Sector Fuel Imports at International Prices After admitting its inability to ensure subsidized fuel supply, the government is offering miners and the agricultural sector the option to import fuel at international prices through YPFB The Minister of Hydrocarbons (2nd from Right) Presents the Government’s Offer. Photo:…
Government policies aim to destroy the productive sector | Políticas del Gobierno apuntan a destruir aparato productivo
By El Diario: The measures implemented, as well as the General State Budget (PGE) for this administration, aim to destroy the country’s productive apparatus and keep Bolivians dependent. Meanwhile, long lines of vehicles continue at gas stations, and some fuel stations have had to close due to shortages. In response, the government is increasing public…
Two years after the start of the exchange rate crisis, no effective solution is in sight, warns economist | A dos años del inicio de la crisis cambiaria, no se vislumbra una solución efectiva, advierte economista
By Raúl Domínguez, El Deber: The exchange rate crisis began in February 2023 / Photo: Ricardo Montero Economist Fernando Romero warns that two years after the start of the exchange rate crisis, the government has yet to find an effective solution. The shortage of dollars has led to rising prices and strengthened the black market….
