The South American country hides its low level of reserves, but private studies place them at 340 million dollars while the value of the US currency grows in the parallel market. Bolivian politicians usually spend the carnival at the big festivals that are organized around this time, but this year the government spokespersons had to work.
The bell was given by the risk rating agency Fitch Ratings, which lowered the Bolvian debt in sovereign bonds from “B-” to “CCC”