By Unitel: “We’ve crossed a psychological barrier,” said expert Enrique Borda after the parallel dollar exchange rate on the streets fell below Bs 14 this Wednesday. Reference photo The parallel dollar showed a downward trend on Wednesday, with exchange rates in Santa Cruz reaching Bs 13.50 for buying and Bs 13.90 for selling. Economic analyst…
Tag: exchange rates
Bolivia Has No International Power Over Cryptocurrency Use | El país no tiene poder internacional en uso de criptomonedas
By Los Tiempos: ASFI Acknowledges Bolivia Has No International Power Over Cryptocurrency Use Cryptocurrency use is growing around the world. | Economia3.com After Bolivia’s Central Bank (BCB) approved the use of cryptocurrencies in the country for transactions, the Financial System Supervisory Authority (ASFI) took another step by enacting regulations for the operation of financial technology…
Bicentennial Fitness: few pounds in the pocket and less pounds in the body | Fitness del Bicentenario: pocos pesos y poco peso
By Francesco Zaratti: They say “think well and you will be wrong”, but I, risking making a mistake in style, go to defend the government of Don Luis Alberto Arce Catacora, president of Bolivia thanks to Evo Morales. Forget those malicious voices that brand it as one of the worst governments in our 200-year history….
“Out-of-place requirement”: Hoteliers question government demand for economic solvency from tourists | “Requisito fuera de lugar”: Hoteleros cuestionan que el Gobierno exija solvencia económica a turistas
By ANF, Eju.tv: The tourism sector stated that the economic crisis is hitting them hard due to the rising cost of basic goods and the fuel shortage. The president of the La Paz Departmental Chamber of Hotels, Helga Cisneros, questioned on Tuesday the government of Luis Arce for imposing “out-of-place requirements” on tourists who want…
The national minimum wage is devalued against the parallel dollar | El salario mínimo nacional se devalúa frente al dólar paralelo
By El Diario: Despite the 5% wage increase set by the government for this year, from 2,500 to 2,750 bolivianos, the widening gap between the official and parallel exchange rates has caused a 50% devaluation. A few days ago, Bloomberg reported that Bolivia’s national minimum wage is the third lowest in the region using the…
“People are prioritizing food over dollars”: USDT drops below Bs 15 | “La gente está priorizando alimentos antes que dólares”: cae del USDT por debajo de Bs 15
By Ernesto Estremadoiro, El Deber: EXCHANGE RATE People are prioritizing buying food over purchasing dollars/Photo: Ricardo Montero Fernando Romero, president of the College of Economists of Tarija, attributes the drop in the digital dollar to lower demand driven by inflation, informal currency inflow, and a political environment that generates expectations of stability. The price of…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 