Bolivar

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Bolivar

Simon . 1783--1830, South American soldier and liberator. He drove the Spaniards from Venezuela, Colombia, Ecuador, and Peru and hoped to set up a republican confederation, but was prevented by separatist movements in Venezuela and Colombia (1829--30). Upper Peru became a separate state and was called Bolivia in his honour

Bolivar

 

a department in northern Colombia located on a plain and bounded on the east by the Magdalena River. Area, 26,400 sq km; population, 820,800 (1969). Its administrative center is Cartagena. Much of the land is devoted to livestock grazing, and there are crop-producing areas with tobacco, rice, sugarcane, cotton, and fruit-growing (bananas and other fruits) plantations. Bolivar has stockpiles of valuable timber. Petroleum is extracted and refined, and there are food-processing and textile industries.


Bolivar

 

a French term designating a wide-brimmed men’s hat that was fashionable in a number of countries in the 1820’s.

References in periodicals archive ?
Venezuela's government informed airlines that airfares starting in July will be based on a weaker SICAD II rate of about 50 bolivars per dollar compared with the official rate of 6.
The apex bank is said to be looking to expand the supply of bolivars at the weaker of the two official exchange rates, a move that could attract more US dollars into the economy.
While choking off imports of everything from newsprint to food, medicine and spare parts, the move has strengthened foreign exchange reserves--a key government goal to protect the bolivar.
At the meeting, shareholders authorized both the company's issuance of up to US$30 million, or its equivalent in bolivars, in commercial paper to fund working capital and the company's issuance of up to US$80 million, or its equivalent in bolivars, in bonds or other long-term fixed income instruments, for the company's use in pursuing its growth strategy.
In order to offer its more conservative clients a new alternative in Mutual Funds, Merinvest launched the "Balanced Investment Portfolio" which contains a mix of fixed income securities in bolivars and dollars and variable income securities in bolivars.
Accordingly, net earnings per ADR or GDS were 45 bolivars or U.
13, 1995--The Venezuelan government has devalued the bolivar by 41%, shifting the exchange rate from 170 to 290 bolivars to the U.