According to the official website of the Central Bank of Bolivia, the country's central bank introduced new foreign exchange regulations to lift the upper limit of the US dollar sales exchange rate for financial institutions. This is another step towards a more flexible currency market. The new regulations abolish the original restrictions: banks can only sell at least 0.10 bolivianos higher than the official exchange rate in US dollars. The central bank also adjusts the calculation method for the official exchange rate. Foreign exchange transactions between banks and central banks will be included in the exchange rate calculation caliber. According to the document, the new regulations are aimed at “further improving the flexibility of the foreign exchange market.”

According to the official website of the Central Bank of Bolivia, the country's central bank introduced new foreign exchange regulations to lift the upper limit of the US dollar sales exchange rate for financial institutions. This is another step towards a more flexible currency market. The new regulations abolish the original restrictions: banks can only sell at least 0.10 bolivianos higher than the official exchange rate in US dollars. The central bank also adjusts the calculation method for the official exchange rate. Foreign exchange transactions between banks and central banks will be included in the exchange rate calculation caliber. According to the document, the new regulations are aimed at “further improving the flexibility of the foreign exchange market.”