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The Nexus
BUSINESSJul 8 · 08:05 UTCTHE RIO TIMESFlorencia Belén Ruiz

Bolivia Is Ending Its Fixed Dollar Rate. Here Is Why It Matters

Bolivia plans to transition from a fixed exchange rate of 6.96 bolivianos per dollar, maintained since 2011, to a market-determined floating system by 2026. The current fixed rate is no longer sustainable due to insufficient reserves, and a parallel informal exchange rate already exists.

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BoliviaplaceThe Rio Timesorganizationbolivianostopicfloating systemtopic
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