US EditionUS dollar scarcity threatens Bolivia's 'economic miracle'
21 Articles
21 Articles
US dollar scarcity threatens Bolivia's 'economic miracle'
A shortage of dollars amid dwindling international reserves is leading to questions about whether what has been described as the country's "economic miracle" is coming to an endCarlos ValdezAssociated PressLA PAZ, Bolivia — Sofia Andrade, a lawyer, chose over the past month to withdraw all her dollar savings from the bank as the US currency became scarce on the streets of Bolivia."I prefer to have them at home," she said. "I fear they won't let …
US dollar scarcity threatens Bolivia’s ‘economic miracle’
For over a decade, the country was an economic oasis in a turbulent region, with low inflation and high growth. Now a shortage of dollars amid dwindling international reserves is prompting questions about whether it’s coming to an end
US dollar scarcity threatens Bolivia's ''economic miracle''
US dollar scarcity threatens Bolivia's ''economic miracle'' Sofia Andrade, a lawyer, chose over the past month to withdraw all her dollar savings from the bank as the US currency became scarce on the streets of Bolivia.“I prefer to have them at home,” she said. “I fear they won't let me withdraw them later.” Like her, many Bolivians are withdrawing their dollar deposits or rushing to buy the US currency amid increased concern about Bolivia's ec…
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