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,…
Tag: exchange rates
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…
The rise in the dollar will increase external debt and imports | Repunte del dólar encarecerá deuda externa e importaciones
The price of the dollar is rising, causing global distress, so economists warn that this situation will increase external debt and imports for several countries, including Bolivia. Currently, according to the finance specialized site Bloomberg Line, countries burdened with external debt remain at risk, with Maldives and Bolivia particularly vulnerable if the strength of the…
