By Milton Condori, Vision 360: Government Says Unifying the Exchange Rate Is Essential: What Are the Advantages and Disadvantages? According to economist Fernando Romero, one of the favorable changes that exchange-rate unification would bring is having a “single exchange rate,” since the market currently operates with “three: the official, the reference, and the parallel rate.”…
Tag: trade
From Banknotes to Cellphones: Digital Payments Redraw Bolivia’s Economy | Del billete al celular: pagos digitales redibujan la economía boliviana
By Juan Carlos Salinas, El Deber: The country processes 28 QR payments per second and the use of physical cash continues to steadily decline. From markets to taxis, payment habits are changing rapidly. Financial interoperability is key. The scene repeats itself thousands of times a day in Bolivia; only the protagonist changes. It could be…
Shoemakers Struggle to Survive | Zapateros luchan por sobrevivir
By Germaine Barriga, Vision 360: La Paz: 33 artisans produce all kinds of footwear at the famous Tumusla Shoe Fair The artisans organized themselves and managed to set up a shoe fair with their own resources, where footwear for children, women, and men can be purchased in different styles and made with good-quality materials. The…
Bolivia Seeks Markets Abroad | Bolivia busca mercados en el exterior
By Erika Segales, El Deber: Trade, Technology and Agriculture Gain Ground in the Country’s External Economic Agenda This Monday, President Rodrigo Paz continues his international agenda with bilateral meetings in Brazil, and a delegation of 80 business leaders will participate in a dialogue in São Paulo. The approval of an investment law remains pending. Trade,…
US Mission Eyes Investment in Bolivia | Misión de EEUU explora inversiones en Bolivia
By Visión 360: A U.S. Government mission arrives in Bolivia to explore investment opportunities The purpose of the visit is to carry out an assessment of the country’s commercial situation and identify areas with investment potential. Members of the mission who arrived in Bolivia. Photo: U.S. Embassy Press An economic mission from the United States…
Bolivia: Falls Behind Due to Slow Internet | Se queda atrás por internet lento
By Raúl Domínguez, El Deber: Rodrigo Regalsky: “Bolivia is falling behind because of its internet quality” Rodrigo Regalsky, finance expert / Photo: Courtesy The finance and technology expert says the country is losing serious opportunities due to poor internet connectivity. Young tech entrepreneurs are the most affected sector. Bolivia continues to lag in digital matters,…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 