The government of Bolivia He assured that the lack of dollar liquidity in 2023 was a “transitory” problem that was due to “speculation” and that it will be overcome with projects to “diversify the economy” of the country. “There are people who want to speculate and get into the speculation business (…) that’s where the […]
Tag: Dollars
Argentine bonds maintain improvements while awaiting progress in agreement with IMF
The Argentine bonds were holding in positive territory on Monday as the Government continue to negotiate with International Monetary Fund (IMF) an agreement to adjust goals and advance disbursements to strengthen the reserves of the central bank (BCRA). On Friday, the country paid a commitment with the IMF for some 2,700 million dollars through the […]
Lotteries resurface in Venezuela with attractive prizes in dollars
William Goitía moves between the cars waving a fan of lottery tickets that he sells to drivers in Caracas. The jackpot: half a million dollars. At least three large lotuses have re-emerged in Venezuela in the last year and a half, driven by an informal dollarization that the government allowed as an escape valve in […]
Where can you exchange a broken or damaged dollar?
As with all things, banknotes deteriorate over time. According to the Federal Reserve Bank of St. Louis, a ticket one dollar lasts approximately 6 years, 20, almost 8 and 100 can reach 15 before being withdrawn from the US market. In Peru, having impaired dollars, broken or stained can be a problem, since it is […]
BCRP: The sun shines stability against the dollar in 2023
The sol continues to strengthen against the dollar. So far this year, it has accumulated a gain of 3.86%. In the session on Friday the 12th, it was placed at S/3.66, its lowest level of the year, according to the Central Reserve Bank of Peru (BCRP). To date, the trend towards strengthening our currency has […]
Bolivia approves selling up to 50% of its gold reserves due to a shortage of dollars
bolivian will be able to sell up to 50% of its gold reserves, according to a law that was approved this Friday, May 5 by Congress and that was promoted by the government of Luis Arce to alleviate the dollar shortage. The president will sanction the norm that the majority of the government voted for […]
Dollar closes April at S/3,710, its lowest level since June 2022
The dollar closed April at S/3.71, its lowest level in the last 10 months. It reached this same value on June 3 of last year. Thus, it completed more than 10 consecutive downward sessions and accumulated a decline of -2.55% so far in 2023. Only in the fourth month it fell -1.59% against the sun, […]
Long queues at the Central Bank of Bolivia after fears of lower dollar reserves
Bolivians are experiencing the scarcity of Dollars due to the decrease in Bookings of cash at the Central Bank of bolivianwhich fell to US$ 372 million compared to US$ 1,200 million compared to the same period of the previous year. For these reasons, from the early hours of Wednesday, long queues began to form amid […]
Price of the dollar in Peru: what is the exchange rate today, Wednesday, February 8?
He Central Reserve Bank (BCR) reported that the dollar price today, Wednesday, February 8, closed higher. Also, know the exchange rate in the parallel market and in the main banks of Peru The price of dollar price todayWednesday, February 8, is linked to the movements carried out daily by the Central Reserve Bank (BCR). In […]
If I ask for a loan, should I do it in dollars or soles?
To request a loan you must know in which currency it is convenient for you to do it and thus avoid paying more. Let’s see, soles or dollars? at the gates of the school campaign and start of school and university classesmany Peruvian families have decided to request a loan to one banking entity to […]