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Bolivia dollar volatility, debt & IMF talks
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2026-07-26 14:21 UTC → 2026-07-27 11:53 UTC ·
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Bolivia flexible exchange, dollar volatility, debt & IMF talks
In late June 2026 Bolivia ended abandoned a 15‑year fixed‑band exchange rate, moving to a flexible regime that devalued the boliviano by about roughly 30 % to roughly about 9.73 Bs per US$. The shift was paired with accompanied by a five‑point cut in import duties, caps on electricity and gas tariffs, a $3 bn liquidity injection and the reinstatement of dollar‑denominated deposits. By mid‑July the official rate had slipped to 10.40 Bs, while the parallel market hovered near 10.45 Bs, highlighting reflecting a persistent dollar shortage. Business groups criticised the move, and the Ministry of Economy began a technical review of integrating Tether’s USDT into the payments system, pending FATF‑compliant AML safeguards. Banco de Crédito de Bolivia removed limits on individual dollar‑deposit withdrawals, and the central bank paused the dollar’s rise at 10.70 Bs. On 22 July the official rate reached 11 Bs; Deputy Claudia Bilbao accused monetary authorities of failing to reassure the market, and analysts warned that without fiscal consolidation, higher reserves and $10‑15 bn external financing the policy could fuel inflation and hurt low‑income households. By 25 July the official dollar rate rose further to 11.37 Bs, with parallel‑market USDT quotes around 11.78‑11.79 Bs. Bolivia’s public external debt hit a record $14.357 bn, up $193.4 m from the end of 2025, while net international reserves stood at $3.617 bn. Gold bn and gold holdings fell to $2.883 bn (22.3 tonnes), a $95.9 m decline, raising prompting concerns about reserve composition. Opposition legislators criticised On 27 July merchants in Tarija reported that daily swings in the reliance on external credit, fearing heightened inflation U.S. dollar exchange rate were undermining business planning, forcing traders either to sell at loss‑making prices or to raise prices pre‑emptively, practices that fuel speculation and exchange‑rate risks. erode consumer confidence. Officials were urged to provide stable signals to curb abusive price adjustments and restore market predictability. A regional note mentioned that Argentina’s dollar CCL rose to about 1,594 US$ per unit, highlighting broader South‑American dollar pressure.
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- 2026-07-27 11:53 UTC Bolivia dollar volatility, debt & IMF talks
- 2026-07-26 14:21 UTC Bolivia flexible exchange, debt & IMF talks
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