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Bolivian Dollar Hits Record Bs 12.32, Importers Worried
El DeberLO·BO · US·1 day ago
Bolivia's government announced central bank intervention to contain the boliviano's depreciation after the exchange rate hit a record Bs 12.32 per USD, the highest since liberalization. Minister Christian Morales warned the government will not tolerate further weakness, signaling potential policy tightening or FX controls. The move marks a shift from passive observation to active defense of the currency, with uncertain effectiveness given limited reserves.