Bolivia’s President cautioned against dollarization
Bolivia's President, Luis Arce, cautioned against dollarization and tying a country's economy to the U.S.
September 1, 2023Topic
dollarization
Bolivia opposes introduction of U.S. dollar and relies on stability of national economy
Bolivia opposes introduction of US dollar and has no intention to transition to the US dollar as its primary currency,...
August 22, 2023
Argentine Minister of Economy rejects opposition dollarization proposal
Argentina's Minister of Economy, Sergio Massa, questioned and rejected yesterday, Friday, the proposal of dollarization of the country by sectors...
May 20, 2023
Dollarization: a bittersweet solution for Latin American economies
Replacing the national currency with the dollar as a payment or pricing instrument has been practiced by several Latin American...
February 11, 2022
Moody’s: deposits in Uruguay are 76% in US dollars, the highest in Latin America
In Latin America, at the end of 2020, Uruguay had the highest level of dollarization with 74% of deposits, followed...
February 8, 2022
Dollarization Drives Luxury Goods Consumption in Venezuela
Two young women enjoy a sunny day by the pool, laughing carefree as they pour Prosecco over a mango sorbet.
November 4, 2020