Bolivia's official dollar hits Bs12.15, highest since flexible exchange regime

Bolivia official dollar rate flexible exchange regime BCB inflation

The Banco Central de Bolivia (BCB) set the official U.S. dollar exchange rate at Bs 12.15 on 31 July 2026, the highest level recorded since the country moved to a flexible exchange‑rate regime on 29 June. The rate rose from Bs 11.89 the day before, a 26‑cent increase and the steepest daily move since the transition. Since the regime began, the official rate has climbed from Bs 9.73 to Bs 12.15, a gain of Bs 2.42 in one month.

The BCB announced that it holds about US$639 million in foreign‑exchange reserves to intervene when needed and expects roughly US$1 billion of additional dollars from its IMF agreement by year‑end. A new regulation authorising the central bank to buy and sell dollars to curb “sobrerreacción” in the market was approved.

Economy Minister José Gabriel Espinoza said the dollar is stabilising, rejected claims of a devaluation, and noted the official rate is currently Bs 11.80 with the parallel market at Bs 11.86‑11.87. BCB president David Espinoza added that the transition is proceeding orderly and projected inflation to remain in single‑digit territory through 2027.

Entities

Banco Central de Bolivia · Bolivia · Bolivian dollar · Bolivian government · Central Bank of Bolivia · David Espinoza · International Monetary Fund · José Gabriel Espinoza · Ministry of Economy (Bolivia) · Rodrigo Paz · US dollar

Claims

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[○ 1 SOURCE] The Central Bank of Bolivia updates the official exchange rate daily at 20:00 local time.
[○ 1 SOURCE] The parallel (informal) market rate was also near 12 bolivianos on July 29.
[○ 1 SOURCE] Year‑to‑year, the boliviano‑dollar rate increased roughly 67.24 %.
[○ 1 SOURCE] A flexible exchange‑rate regime was introduced on June 29 by the government of President Rodrigo Paz through the Ministry of Economy.
[○ 1 SOURCE] In the week leading up to July 29, the boliviano‑dollar rate rose about 5.63 %.
[DISPUTED] On July 29 the official US‑dollar rate in Bolivia was about 11.87 bolivianos per dollar. exitonoticias.com.bo · www.bolivia.com
[○ 1 SOURCE] Exchange‑rate volatility measured at 25.44 % was below the reference level of 40.91 %.
[● 2 SOURCES] The official dollar rate was approaching 12 bolivianos.
[● 2 SOURCES] The parallel market dollar rate in Bolivia was around 11.86‑11.87 bolivianos per dollar. exitonoticias.com.bo · www.bolivia.com
[● 2 SOURCES] The BCB holds about US$639 million in reserves for possible market interventions. radiokollasuyo.bo · www.bolivia.com
[● 3 SOURCES] The Banco Central de Bolivia approved a regulation allowing it to intervene in the foreign‑exchange market to prevent a “sobrerreacción”. radiokollasuyo.bo · www.bolivia.com
[● 2 SOURCES] The BCB expects roughly US$1 billion of additional dollars from its IMF agreement by year‑end. radiokollasuyo.bo · www.bolivia.com