Bolivian Peso Hits Record Low; Central Bank Intervenes to Stem Dollar Surge

The Bolivian boliviano weakened to a record Bs 12.64 per dollar since the flexible exchange rate regime was introduced, prompting the central bank (BCB) to halt dollar purchases and withdraw bank liquidity. The intervention aims to curb the currency's decline but risks tightening credit conditions and slowing economic activity. The move signals heightened currency stress and potential balance-of-payments pressures in Bolivia.