Bolivian dollar rate nears July peak
Translated from Spanish and summarized by DistantNews. Read the original for the full story.
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- Bolivia’s central bank set the official dollar rate at Bs 12.12 for Tuesday, close to the flexible exchange-rate peak reached on July 31.
- The dollar has risen for more than a week after standing at Bs 11.54 on Aug. 24.
- In the parallel market, the dollar traded at Bs 12.05 to buy and Bs 12.01 to sell.
Bolivia’s dollar rate is approaching the highest level recorded in July after the Central Bank of Bolivia set Tuesday’s quotation at Bs 12.12.
The rate, published at 8 p.m. Monday, stood just three centavos below the flexible dollar’s peak on July 31. From Saturday through Monday, the dollar had remained at Bs 11.92.
The upward trend has lasted more than a week. On Aug. 24, the central bank had set the official U.S. dollar rate at Bs 11.54, four centavos above the Bs 11.50 level held during the preceding three days. The quotation has risen every day since then.
The parallel market showed slightly different prices, with the dollar at Bs 12.05 for purchases and Bs 12.01 for sales.
About this summary
Originally published by El Deber in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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