Mary Ortiz, AFP, EFE, Clarin, NewsRebeat: Change of direction in Bolivia: in the absence of dollars, exports of agricultural products are released Bolivia’s center-left government has made a change to its economic policy and agreed on Monday with entrepreneurs to free up agricultural exports, to cope a serious shortage of dollars. Economy Minister Marcelo Montenegro made…
Tag: exchange rates
Devaluation and loss of purchasing power | Devaluación y pérdida del valor adquisitivo
El Diario: The Bolivian records devaluation and loss of purchasing power The shortage of dollars in the Bolivian market causes an increase in the value of products and services, while the Government does not give signals of supplying the currency, so companies are already taking precautions and announcing price increases for their items; the food…
Dollar shortage: a time bomb | Escasez de dólares: una bomba de tiempo
Editorial, El Deber: An old saying says that “There is no deadline that is not met nor debt that is not paid”, and it can well be applied to the Bolivian reality. The fall in gas exports, restrictions on the sale of agricultural products, the reduction to zero of foreign investment and the increase in…
There are NO dollars | 1 US$ = Bs7,8 | NO hay dólares
El Diario: In the parallel market it costs more than Bs 7.8 per unit Mobilizations announced due to shortage of dollars in the country Given the prolonged shortage of dollars in the national market, importers announced a mobilization, since this currency is used in different international trade transactions. The need to acquire the currency leads…
They question the existence of International Reserves | Ponen en duda la existencia de Reservas Internacionales
El Diario: According to information from the Central Bank of Bolivia (BCB), until August the reserve figure reached 2,147 million dollars; but the amount closed until December 2023 is unknown. Economists doubt the existence of the Net International Reserves (RIN), indicating that they no longer exist, since the lack of transparency and information causes more…
There are NO dollars – NO hay dólares
El Diario: With serious harm to the population Shortage of dollars forces buying from the parallel market at more than Bs 7.70 The shortage of dollars in the country has caused the parallel market to gain importance and therefore the price of the North American currency has risen above 7.70 bolivianos per currency; Paradoxically, the…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 