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…
Tag: exchange rates
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…
Bolivia on the Edge: Devalue or Collapse | Bolivia al filo: devaluar o colapsar
By Carlos Jahnsen, El Diario: Bolivia faces the challenge of stabilizing its currency: undervaluation as the only path to stability Bolivia is living through its most decisive economic moment in four decades. The fixed exchange rate — once a symbol of stability — is now a trap that drains reserves and destroys competitiveness. It reflects…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 