By El Diario: Banks worsen the liquidity crisis by implementing a “corralito,” leaving customers defenseless Banks have long imposed limits on the use of the U.S. dollar, but now this measure also applies to bolivianos. Customers can no longer access their savings based on their needs but rather according to the cash availability of the…
Tag: exchange rates
The MAS Economic Model Made the Economy More Dependent on the Dollar | Modelo económico del MAS volvió a la economía más dependiente del dólar
By El Diario, Eju.tv: The exchange rate for the dollar in the parallel market exceeds 10 bolivianos due to high demand, as it has become difficult to obtain at the official rate. Since the government of the Movement for Socialism (MAS) established a fixed exchange rate in 2011—6.86 for buying and 6.96 for selling—it made…
Save or borrow in bolivianos in 2025? Buy dollars? | ¿Ahorrar o prestarse en bolivianos en 2025? ¿Comprar dólares?
By Erbol: IN THE FACE OF THE CRISIS Save or borrow in bolivianos in 2025? Buy dollars? Economist Jaime Dunn’s advice for this year Photo: FB / Jaime Dunn As 2025 is expected to be a challenging economic year in Bolivia, renowned analyst Jaime Dunn offered some advice to help citizens navigate the situation and…
Banking freeze continues due to failure to stabilize the dollar’s value | Corralito bancario continúa por no estabilizar el precio del dólar
By El Diario: Generates uncertainty and distress among savers A series of banking restrictions endorsed by state authorities has created a financial freeze that threatens to cause a disaster of significant proportions. In this context, Bolivians have witnessed increasingly limited access to their own funds over the past months. According to economists, the government lacks…
Inflation, dollar shortages, and fuel scarcity: the new face of Bolivia | Inflación, escasez de dólares y falta de combustible, la nueva cara de Bolivia
By Opinion: 2024 marked the end of the economic boom of the early millennium. The Bolivian currency depreciated, and gasoline and diesel are in short supply. An alleged coup worsened the situation. In a report last year, the World Bank highlighted Bolivia as one of the three economies with the best economic growth projections in…
‘Getting to Bolivia is extremely expensive’: Tourism sector calls for open skies or greater flexibility | ‘Llegar a Bolivia es carísimo’: Turismo pide cielos abiertos o más flexibilidad
By Daniel Gutierrez, La Razon: The sector’s proposal includes eliminating bureaucratic and tax barriers to attract investors and promote tourism. The ATT reports 33,000 airline passengers affected by high demand. Image: La Razón archive Due to the high costs of entering the country and the lack of effective policies to promote tourism, sector operators propose…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 