Bolivia: New Exchange Rate Scheme with 10% Devaluation
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Bolivia: New exchange rate scheme with 10% devaluation As part of the structural reforms to reverse the economic recession in Bolivia, the Rodrigo Paz government changed the exchange rate regime of the dollar, from fixed, established 15 years ago, to flexible since last June 29. The measure seeks to formalize the new, but informal, cost of foreign currency, dictated by a parallel market opened three years ago, when the Central Bank admitted lack…
As part of the structural reforms to reverse the economic recession, the Government of Peace changed the exchange rate regime of the dollar, from fixed to flexible since last June 29. The entry <font color="#0ac600">Bolivia</font>: new exchange rate scheme with 10% devaluation appears first in NODAL.
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