The Official Dollar Is Listed in Bs 11.53 From Saturday to Monday
4 Articles
4 Articles
But it could slow down the Bolivian economy, one economist analyzed.
The Central Bank of Bolivia published the official quotation of the dollar that will be in effect from Friday until Monday, recording a decrease of 51 cents The Central Bank of Bolivia (BCB) published the official quotation of the dollar that will be in effect from Saturday until Monday, recording its strongest fall since the implementation of the flexible exchange rate regime.
The official exchange rate sets the Bolivian dollar at Bs 11.53, seeking to stabilize the monetary market The entry Measures of the BCB reduce the dollar's quote to Bs 11.53 was first published in La Patria Bolivia Digital newspaper.
Although the Central Bank of Bolivia (BCB) publishes an official exchange rate, in exchange houses and other market operations different quotations are applied for the purchase and sale of dollars. This gap exposes the population to variable prices and to a foreign exchange market that operates, in fact, outside the official reference. The entry Purchase and sale of the dollar depart from the official rate was first published in El Diario
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