El Deber: The ‘blue dollar’ does not exist in Bolivia, but something similar should be applied, suggests economist The measure would prevent the black dollar from continuing to rise, with an extraordinary market price that increasingly raises prices in general, especially for basic family goods. Due to the scarcity of dollars, its price in the…
Tag: exchange rates
Why do the websites that quote the Bolivian ‘blue dollar’ present risks? | ¿Por qué las páginas que cotizan el ‘dólar blue’ boliviano presentan riesgos?
By Raúl Domínguez El Deber: In recent months, the website bolivianblue.com has gained notoriety. Salomón Eid clarifies that its exchange rates are based on cryptocurrencies. Starting the weekend, the price of the dollar in the black or parallel market, due to the now normalized shortage, had exceeded Bs 11 in some cities in the country,…
The dollar rises to Bs 10.35 for sale on the parallel market | El dólar sube hasta Bs 10,35 para la venta en el mercado paralelo
Brujula Digital, El Diario: The price of the dollar in the parallel market climbed to Bs 10.35 for sale and Bs 10.20 for purchase, Brújula Digital confirmed during a tour of a dozen exchange houses in central La Paz. Of the 10 exchange houses visited, three did not have dollars, and one indicated that dollar…
Remittances surpass foreign direct investment | Remesas superan a la inversión extranjera directa
Por Marco Antonio Belmonte, Vision 360: Bolivians send more money from abroad In Bolivia, remittances surpass foreign direct investment Last year, net foreign investment reached $294 million, while remittances in 2023 totaled $1.4364 billion. By March of this year, remittances amounted to $334.9 million. Bolivians abroad send more remittances to Bolivia. Photo: ABI. In recent…
Poor People, Rich Government | Pueblo pobre gobierno rico
Editorial, El Dia: The Italian fascist leader, Benito Mussolini, is the author of the phrase: “nothing outside the state, nothing above the state, nothing against the state,” and despite dying hung by his feet for the ruin he caused in his country, Luis Arce upholds this paradigm by placing the government above businesses, the economy,…
Certainty is Required | Se requiere certidumbre
Editorial El Deber: It’s important to recognize that the scarcity of dollars is not a recent phenomenon, but this situation, which has worsened in recent months, provokes uncertainty in the business sector and the population at large. The repercussions of this issue are diverse and range from difficulties in conducting imports to limitations on access…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 