By El Diario: The change of government and economic model after nearly 20 years has improved Bolivia’s economic indicators, according to analyst and former president of the Tarija College of Economists, Fernando Romero. The new government of Rodrigo Paz Pereira has sent positive, concrete signals of a pragmatic State willing to work with the private…
Tag: exchange rates
End of the Fixed Dollar and the Shock Ahead | Fin del Dólar Fijo y el Shock que Viene
By Raul Domínguez, El Deber: Fixed exchange rate reached 14 years; its reduction is announced but an ‘inevitable shock’ is foreseen The U.S. dollar brushed Bs 20 this past May. There is expectation about the Government’s measures | Ricardo Montero Some sectors view with relief the announcement of the end of the fixed exchange rate…
Parallel Dollar Drops, for now | El dólar paralelo baja, por ahora
By Raul Dominguez, El Deber: Know the Four Key Reasons Why the Parallel Dollar Fell to Bs 9.80—and How It Will Behave in the Future The dollar’s price dropped to Bs 9.80 this Tuesday / Photo: Archive An analyst stressed that the dollar’s price could stagnate around Bs 10, and might even rise again once…
Paz Effect: Country Risk Drops and Dollar Rate Stabilizes | Efecto Paz: riesgo país baja y se estabiliza la cotización del dólar
By Ernesto Estremadoiro, El Deber: Paz, together with Vice President Lara, leaving Palacio Quemado / Photo: APG The change of government shook the market in a positive way. The parallel dollar rate is stabilizing around Bs 10.68, while the fear of investing in the country is falling after the shift in state administration. Bolivia woke…
Economic Rescue Plan | Plan de rescate económico
By El Diario: New Government Sets Three Tasks to Begin Stabilizing the Economy The new government, led by Rodrigo Paz, has outlined three measures to be implemented immediately after taking office: ensuring fuel supply, injecting foreign currency into the national market, and curbing inflation. The goal is to stabilize the national economy within a period…
The parallel dollar trades below the Bs 12 threshold | El dólar paralelo cotiza por debajo del umbral de los Bs 12
By Juan Carlos Salinas, El Deber: The foreign currency shows a gradual downward trend, although analysts warn that its price is linked to the economic and political signals from the new authorities. The exchange rate of the dollar in the parallel market showed a downward trend last week. Various platforms displayed rates ranging from Bs…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 