Ernesto Estremadoiro, El Deber: They anticipate that Arce will have to make unpopular decisions to clean up the State accounts Considered the architect of the “Bolivian miracle,” the president must now administer a country with a very different situation from the boom time that Bolivia experienced in the last decade Torino Economics, the economic research…
Tag: exchange rates
¿De verdad? – Really?
El Dia: The Ministry of Economy National currency, they rule out a devaluation Work. Also from the early hours of yesterday Friday, the new ministerial cabinet met to analyze the measures to get out of the economic crisis. El Ministerio de Economía Moneda nacional, descartan una devaluación Trabajo. Asimismo desde tempranas horas de ayer viernes,…
Determined actions of the BCB will affect people’s expectations
El Diario reports: According to economic analysts The Central Bank tried to dispel concerns in the population and minimized the measure The determination is linked to the fall of reserves said a specialist There will be no devaluation and the model will not be adjusted, said yesterday, Pablo Ramos, president of the issuing institute BOLIVIAN…
Plain demagogue?: The dollar exchange rate will not be changed this year
El Diario reports: 2016 Financial Fiscal Program The dollar exchange rate will not be changed this year • The announcement was made yesterday [03/16/2016] by the President of the Central Bank, so that the purchasing power of wages will be preserved • The exchange rate policy in 2015 helped maintain low inflation The president of…
Monetary whim of the “armored” Bolivian finance minister…
Humberto Vacaflor writes in El Diario: Monetary whim Convinced that the “economic miracle” of Bolivia is based on the fixed exchange rate of the currency, the finance minister refuses to meet the request of entrepreneurs in the country who suffer the consequences of the devaluation of the currencies of neighboring countries. The minister does not…
Bolivia to experience dollar black market due to governmental inefficiencies
An important warning that current government should consider seriously as in the past, the black market on dollar exchange has caused inflation, speculation and less competitiveness to our economic activities. From Los Tiempos: BY TAX BURDEN | The national private banking provides that it will have to abandon the sale of foreign currency because of…
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