By Raúl Domínguez, El Deber: The price of the dollar continues to plunge/Photo: Archive The reference value of the U.S. currency established by the Central Bank of Bolivia had abruptly lowered its rate: Bs 8.80 for buying and Bs 8.88 for selling. The value of the cryptocurrency or “stablecoin” USDT had also fallen from Bs…
Tag: exchange rates
Government bets on “gradualism,” but the economy requires shock measures | Gobierno apuesta por el “gradualismo”, pero economía requiere medidas de shock
By El Diario: “Gradualism” is part of the economic management of Rodrigo Paz’s government, in a political, economic, and financial scenario that is not the most favorable for implementing shock measures, but it must be reversed or readjusted as soon as possible, and a concrete and feasible economic plan must be presented, according to economic…
The Historical Role of Rodrigo Paz | El rol histórico de Rodrigo Paz
By Antonio Saravia, Vision 360: Rodrigo Paz must understand that his role is to go down in history as the president who did the dirty work so the country can have a future. I have the impression that Rodrigo Paz and his government still haven’t understood their historical role. The mandate given to them by…
Atypical gold operations found and only 2.3 tons remain in vaults | Hallan operaciones atípicas con oro y en bóvedas solo hay 2.3 toneladas
By Opinion: CENTRAL BANK OF BOLIVIA DENOUNCES IRREGULARITIES Regarding the dollar, the head of the BCB announced his commitment to move the exchange-rate regime toward a more flexible one, considering that the fixed exchange rate has been harmful. The president of the Central Bank of Bolivia (BCB), David Espinoza, reported this Thursday that there are…
“With proper measures, the dollar could fall to Bs 8” | “Con medidas adecuadas, el dólar podría bajar a Bs 8”
By Stefany Guzmán, Red Uno, Eju,tv: Former BCB Director: According to Banegas, restoring the flow of dollars and returning deposits to savers will help bring the exchange rate closer to more balanced levels, reducing the gap with parallel markets. The Central Bank of Bolivia (BCB) issued a statement announcing a reference value for the U.S….
Dollar reference aims for transparency, not devaluation | Valor referencial busca transparencia, no devaluación
By Unitel: The reference value of the dollar does not imply a devaluation or a new exchange rate, says economist After the BCB’s announcement about the daily publication of the reference value of the dollar, Gonzalo Chávez considered that it may be a sign of a gradual transition toward a new official market or a…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 