Bolivian Dollar Surges to Bs 12.64, BCB Sets Bs 11.90 Rate Amid Volatility

The U.S. dollar in Bolivia has swung wildly over two weeks, peaking at Bs 12.64, dropping below Bs 10, and now stabilizing near Bs 12 as the central bank (BCB) sets an official rate of Bs 11.90. The extreme volatility suggests acute currency pressure and possible policy intervention, though the underlying drivers—whether speculative, political, or external—remain unclear. This matters as it signals potential economic instability in Bolivia, with implications for inflation and regional trade.