Bolivia's Economic Miracle at Risk Due to US Dollar Shortage
Bolivia's economic fragility is causing a scarcity of US dollars, leading many Bolivians to withdraw their dollar deposits or rush to buy the US currency. The government blames speculation for the scarcity, while opposition politicians attribute it to the Central Bank running out of hard currency reserves. The scarcity has led to the emergence of a parallel market for the US dollar, reminding Bolivians of past economic woes. The country's reliance on commodities to carry the economy is no longer sustainable, and the government is facing social protests amid public criticisms of President Luis Arce's management.