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5 Articles
On the Verge of Economic Collapse, Bolivia Offers an Unexpected Bond Rally for Electoral Expectation
As the crisis worsens, optimism about possible political change also grows.
It also justifies that although in the period January to September of the previous management the economic activity had recorded an accumulated growth of almost 2%, in the fourth trimester “there is a drop of the product of -2,60% to...
The price of sovereign bonds in Bolivia’s dollars reached the highest level in more than two years, according to the Bloomberg magazine report. “The price of their dollar bonds reached the highest level in more than two years, despite the collapse of their economy and protests almost on a daily basis,” the report notes, according to Unitel’s digital portal. According to Bloomberg’s publication, the possibility of an opponent winning the election…
The South American state of Bolivia is facing the highest inflation in three decades, a general shortage of almost everything – from fuel to medical goods – and a growing insolvency. Nevertheless, this year the country was one of the best tips among emerging economies. The price of its dollar bonds reached the highest level [...] The post Bolivia stands on the verge of the economic collapse first appeared on latinapress news.
The media attributes the increase in the value of Bolivian bonds to the expectation of a possible opposition victory in the August elections, led by Samuel Doria Medina according to a poll, which generates optimism in the markets.
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