Bolivia's Economy: Minister Addresses Parallel Dollar's Impact

Bolivia's Minister of Economy, Marcelo Montenegro, recently addressed the nation's economic challenges in an interview with Red Uno. The interview focused on the impact of the parallel dollar exchange rate, a key indicator of the country's economic health. Minister Montenegro stated, "It is a reference value that we will not deny." He explained that while the official exchange rate is important, many public sector operations are tied to the parallel rate. This dual system creates complexities for the economy. The minister also highlighted the efforts of the Central Bank to regulate the system and maintain stability. The discussion underscores the ongoing economic challenges facing Bolivia and the government's efforts to address them. The interview provides a clear and concise explanation of the economic situation, making it accessible to a wide audience.