Exchange Rate in Bolivia
Bolivia - Exchange RateAvailable indicators suggest that the economy continues to grow robustly. In January through August, the Central Bank’s accommodative policy stance and measures to increase financial system liquidity led to record-high levels of credit provision to the private sector. In addition, exchange rate stability—in sharp contrast to the recent volatility of other currencies in the region—has facilitated low and stable inflation recently, with both conditions propping up the value and purchasing power of the boliviano. On a less positive note, on 1 October, the International Court of Justice ruled that Chile was not obliged to negotiate over granting Bolivia access to the Pacific Ocean, a dispute that dates back over a century. The ruling is a major blow to President Evo Morales, who is running for a fourth term in next year’s elections.
Bolivia - Exchange Rate Data
|Exchange Rate (vs USD)||6.91||6.91||6.90||6.94||6.94|
5 years of economic forecasts for more than 30 economic indicators.
Bolivia Exchange Rate Chart
Source: Thomson Reuters.
|Exchange Rate||6.93||-0.14 %||Oct 16|
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