Analyst sees loan request agreement as evidence that the Government lacks the ability to alleviate the dollar crisis The business sector and the Government signed 17 points to address the dollar shortage crisis. Photo: APG On Friday, after a meeting with business leaders, the government of Luis Arce announced an agreement to seek new external…
Tag: exchange rates
Dollar shortage hampers hotels’ ability to pay booking platforms | Falta de dólares dificulta a hoteles pagar plataformas de reservas
Por Hortencia Rivera, Eju.tv: Due to the lack of dollars, hotels are having trouble paying the platforms where foreigners make reservations Hoteliers explain that they must pay bills in dollars every month. They warn that a significant portion of tourists book through these platforms. The shortage of dollars in the country is complicating various sectors, including…
Industrialists reveal that they buy dollars at the parallel market rate to maintain production in Bolivia | Industriales revelan que compran dólares a costo del mercado paralelo para mantener la producción en Bolivia
By Juan Carlos Véliz, Eju.tv: “Normally we had 30 or 60 days to pay (the suppliers abroad), but due to the delays that have been occurring since last year, they now pay and can collect the merchandise,” said the president of the CNI. Bolivian industrialists face a complex situation for importing goods due to the dollar…
An independent BCB to overcome the economic crisis | Un BCB independiente para superar la crisis económica
By Lidia Mamani, Eju.tv: Milenio calls for restoring the independence of the BCB to overcome the economic crisis in Bolivia The Foundation proposes this measure ahead of the dialogue that the central government and the country’s business leaders will hold on Wednesday, the 14th. In 2023, loans from the Central Bank of Bolivia (BCB) accounted for…
Dollar fluctuates daily, and some sellers are seeking refuge in cryptocurrencies | El dólar fluctúa diariamente y algunos vendedores buscan refugio en las criptomonedas
El Deber: Santa Cruz Begins to Use USDT as a ‘Refuge’ Amid Fluctuating Exchange Rates The volatility of the U.S. dollar fluctuates daily, and some sellers are seeking refuge in cryptocurrencies out of fear of losing money in their transactions. A specialist warns about scams circulating in the market. The volatility of the dollar’s price…
Dollar 101: Devaluing and freeing the exchange rate? | ¿Devaluar y liberar el tipo de cambio?
By Antonio Saravia, El Diario: The Defense of the Fixed Exchange Rate Think about any transaction you made in the market last week. Did you buy tomatoes at the supermarket? Did you sell your old cell phone? Did you go to a restaurant? Did you collect your salary? Question: in what currency did you conduct…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 