By Milton Condori, Vision 360: Experts Respond Economist Fernando Romero says the party most affected will be the property owner, who will have to make a “greater financial effort.” Attorney Jorge España stated that if there is any intention to modify existing contracts, consensus between the parties must prevail, since noncompliance could lead to legal…
Tag: exchange rates
Asoban Assures That the New Exchange Rate Will Not Affect Loans or Savings in Bolivianos | Asoban asegura que el nuevo tipo de cambio no afectará los créditos ni los ahorros en bolivianos
By Ernesto Estremadoiro, El Deber: The exchange rate is quoted at Bs 9.76 per dollar / Photo: Social Media The banking sector stated that the financial system is prepared to operate under the new exchange-rate regime and announced that, beginning July 15, the gradual return of dollar deposits will continue. The Association of Private Banks…
The Dollar After the Adjustment | El dólar después del ajuste
By Óscar Heredia, El Diario: There are economic decisions that seek to solve an urgent problem, and others that signal the beginning of a new stage. The recent easing of the foreign exchange market belongs to the second category. Not because it will, by itself, solve the problems Bolivia faces, but because it acknowledges a…
How to Bring Dollars Back into the Financial System | Cómo hacer que los dólares regresen al sistema financiero
By Fernando Untoja, Eju.tv: Over the past few weeks, Bolivia’s economic debate has revolved almost exclusively around the exchange rate. Economists, analysts, and commentators have discussed whether the dollar should rise, fall, float freely, or be fixed once again. However, while the spotlight remains focused on the price of the currency, a far more important…
Government Cuts Tariffs to Cushion the Impact of the New Dollar Exchange Rate | Gobierno reduce aranceles para amortiguar el impacto del nuevo dólar
By El Deber: The Government seeks to lessen the impact of the exchange rate flexibilization. Supreme Decree 5646 reduces import tariff rates by five percentage points for goods currently subject to duties of between 30% and 40%, with the measure remaining in effect until December 2027. The Executive Branch aims to prevent the new flexible…
The End of the Blockade and a Glimmer of Hope | El final del bloqueo y el esbozo de esperanza
By Diego Ayo, Brujula Digital: Machiavelli argued that political destiny is shaped by virtue and fortune: the ability of the ruler or sheer luck. Was what happened the result of skill or a stroke of luck? I find it hard to believe it was a triumph carefully orchestrated from within the government. My hunch, which…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 