Bolivia mandates 80% FX repatriation for gold exporters, drops BCB certificate obligations

Bolivia's Supreme Decree 5747 requires gold exporters to bring 80% of export value in foreign currency into the national financial system, while eliminating obligations tied to BCB-issued gold certificates. This tightens capital controls and shifts gold export policy, potentially reducing informal gold flows and pressuring the boliviano. The move signals continued FX reserve management amid Bolivia's ongoing dollar shortage.