LatinNews Daily - 09 September 2026

*Bolivia’s central bank (BCB) has announced that it is temporarily suspending new operations to purchase US dollars. In a statement, the BCB said that the measure was being implemented because, in recent weeks, “the highly liquid assets that make up the net international reserves exceeded US$1bn”, which it said had given it “the necessary breathing room” to meet “international payment” obligations and “mitigate potential pressures in the foreign exchange market”, in addition to the fact that significant foreign disbursements are on the horizon. As a complementary measure, the BCB has said it will start selling US dollars to financial institutions, under the conditions established in the new exchange rate regulations, approved in June. The BCB said that this measure “aims to mitigate the unnecessary volatility observed in the foreign-exchange market that is inconsistent with economic fundamentals”. This comes after Bolivia moved away from the fixed exchange rate between the boliviano and the US dollar, which had stood at B$6.86/US$1 for purchases and B$6.96 for sales since 2011, to a flexible exchange regime. According to the BCB, the official exchange rate stood at B$12.60/US$1 on 8 September.

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