By Carlos Corz, Vision 360: Doria Medina Calls on Government to Curb Dollar Surge and Prevent It from “Disrupting” the Economy The exchange rate of the U.S. dollar has been rising steadily since the introduction of the “flexible” exchange-rate policy. A currency exchange office in the city of La Paz. File photo The sustained increase…
Tag: exchange rates
The Flexible Dollar Reaches Bs 11 and Puts Pressure on the Productive Sector | El dólar flexible llega a Bs 11 y presiona al aparato productivo
By El Deber: The government is hoping for a prompt injection of liquidity to slow the rise of the dollar. Photo: Ricardo Montero The official flexible dollar has reached Bs 11 and is no longer merely a financial indicator; it has become a problem for businesses and consumers The official exchange rate of the dollar…
Dollar Surge Sparks Protests | Alza del Dólar Desata Protestas
By Brújula Digital: Vendors, Small Business Owners, and Artisans Announce Protests Over Rising Dollar and Higher Input Costs Representatives of productive sectors say that the sharp rise in the exchange rate of the U.S. dollar is increasing the cost of raw materials and reducing their sales. Representatives of micro, small, and medium-sized enterprises, street vendors,…
Dollar Repayments Begin | Comienza la devolución de dólares
By El Dia: Dollar Repayments Begin: Savers Can Withdraw Their Deposits Starting This Wednesday In this first stage, savers with deposits ranging from US$1,001 to US$3,000 will be able to access their funds. This Wednesday, July 15, the repayment of U.S. dollar deposits in the financial system begins. The process launches a gradual schedule that will continue through July…
The Dollar Went for a Walk and Prices Started Running | El dólar salió a caminar y los precios a correr
By Gonzalo Chávez, Brujula Digital: These are anxious times in Bolivia and around the world. Some people change their cellphone and expect their love life to improve the next day, with all their followers suddenly seeing them as a heartthrob. Others start a new diet on Monday and by Tuesday complain because they still do…
Foreign Exchange Market Operates with Multiple Dollar Exchange Rates | Mercado cambiario opera con varias cotizaciones del dólar
By El Diario: Despite the new flexible exchange rate regime and the new official exchange rate implemented just over a week ago, the dollar continues to trade at different rates in the market. The parallel market remains active, with the selling price exceeding 11 bolivianos per dollar, while the rate published by the Central Bank…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 