By Opinion: CENTRAL BANK OF BOLIVIA DENOUNCES IRREGULARITIES Regarding the dollar, the head of the BCB announced his commitment to move the exchange-rate regime toward a more flexible one, considering that the fixed exchange rate has been harmful. The president of the Central Bank of Bolivia (BCB), David Espinoza, reported this Thursday that there are…
Tag: exchange rates
“With proper measures, the dollar could fall to Bs 8” | “Con medidas adecuadas, el dólar podría bajar a Bs 8”
By Stefany Guzmán, Red Uno, Eju,tv: Former BCB Director: According to Banegas, restoring the flow of dollars and returning deposits to savers will help bring the exchange rate closer to more balanced levels, reducing the gap with parallel markets. The Central Bank of Bolivia (BCB) issued a statement announcing a reference value for the U.S….
Dollar reference aims for transparency, not devaluation | Valor referencial busca transparencia, no devaluación
By Unitel: The reference value of the dollar does not imply a devaluation or a new exchange rate, says economist After the BCB’s announcement about the daily publication of the reference value of the dollar, Gonzalo Chávez considered that it may be a sign of a gradual transition toward a new official market or a…
Will the dollar in Bolivia keep falling? | ¿El dólar en Bolivia seguirá bajando?
By Stefany Guzmán, Eju,tv: Here’s what the Minister of Economy says The Minister of Economy, José Gabriel Espinoza, assured that the Government is working gradually to prepare Bolivia for a floating exchange rate, while the referential dollar stabilizes in the market. The Minister of Economy, José Gabriel Espinoza, stated in advance that the Bolivian Government…
Ending Four Taxes | Fin a cuatro impuestos
By Unitel: What are the ITF and the other taxes that the Government will repeal, and how do they work? This Tuesday, the first package of economic measures in the tax area was released by Rodrigo Paz’s administration. The ITF will cease to be collected once the law is approved by the Plurinational Legislative Assembly…
Pact for the Economy | Pacto por la Economía
By El Deber: Minister of Economy Proposes “National Agreement” for the Economy Minister of Economy José Gabriel Espinoza Minister Espinoza believes that the public sector is facing a widespread liquidity crisis. The country has lost technical human capital, eroded regulatory institutions, and allowed strategic projects to age without generating replacements. “Bolivia needs a basic economic…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 