Dollar Floats in Bolivia | Bolivia libera el dólar

By Lourdes Molina, El Deber:

The BCB Establishes That the Flexible Exchange Rate Will Take Effect Starting Monday, June 29

El BCB establece que a partir del lunes 29 de junio entra en vigencia el tipo de cambio flexible

The Ministry of Economy and Public Finance officially established this Friday Bolivia’s transition to a flexible exchange rate regime

Through its official website, the Central Bank of Bolivia (BCB) determined that, starting Monday, June 29, the flexible exchange rate will come into effect, setting the dollar exchange rate at Bs 9.73. Until 6:00 p.m. this Friday, June 26, the official dollar exchange rate remained at Bs 6.96.

El BCB establece que a partir del lunes 29 de junio entra en vigencia el tipo de cambio flexible

Meanwhile, the issuing institution itself indicates that the reference rate for this Friday is Bs 9.76 for buying and Bs 9.96 for selling. In the parallel market, the dollar was quoted this Friday at Bs 9.95 for buying and Bs 9.94 for selling.

Every Day at 8:00 p.m.

According to Article 5 of the BCB Operations Regulation, “on each business day, at 8:00 p.m., the BCB will publish on its website the Official Exchange Rate that will be in effect the following day for public sector and BCB operations, as well as for accounting and valuation records.”

The Regulation also specifies that, in order to determine the exchange rate, the Financial System Supervisory Authority (ASFI) will instruct multiple banks, SME banks, and the public bank to submit all foreign exchange transactions carried out up to 5:00 p.m. each day.

Background

The Ministry of Economy and Public Finance officially established this Friday Bolivia’s transition to a flexible exchange rate regime, a measure that opens the possibility for the official value of the dollar to be determined according to the supply and demand of foreign currency within the financial system.

The decision is contained in Ministerial Resolution 245, issued on June 26, 2026, which instructed the Central Bank of Bolivia (BCB) to implement the process and define its operational characteristics.

“Establish a flexible exchange rate regime, with the purpose of strengthening macroeconomic stability, preserving external competitiveness, and contributing to the balance of payments equilibrium,” states the first article of the regulation.

The Minister of Economy, José Gabriel Espinoza, reiterated a few days ago that the Government’s objective is to unify the exchange rate and put an end to the coexistence of different dollar prices within the Bolivian economy.

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