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Sofia Andrade, a lawyer, chose over the past month to withdraw all her dollar savings from the bank as the US currency became scarce on the streets of Bolivia. “I prefer to have them at home,” she said. “I fear they won’t let me withdraw them later.” Like her, many Bolivians are withdrawing their dollar…
For over a decade, the country was an economic oasis in a turbulent region, with low inflation and high growth. Now a shortage of dollars amid dwindling international reserves is prompting questions about whether it’s coming to an end