Bolivia Central Bank Intervenes in Foreign Exchange Market
Bolivia's central bank has announced plans to intervene in the foreign exchange market by buying and selling dollars to stabilize the country's currency. This action comes after the Bolivian currency experienced a significant 22% decline following the nation's shift to a flexible exchange rate system one month ago.
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Bolivia Central Bank to Buy, Sell Dollars to Stabilize FX Rate
Bolivia's central bank has announced plans to intervene in the foreign exchange market by buying and selling dollars to stabilize the country's currency. This action comes after the Bolivian currency experienced a significant 22% decline following the nation's shift to a flexible exchange rate system one month ago.
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