BUSINESSJun 28 · 12:39 UTCTHE RIO TIMESJavier Mendoza

Bolivia Ends Its Dollar Peg, Devaluing the Boliviano 30%

Bolivia ended its dollar peg on June 26, adopting a flexible exchange rate. The previous fixed rate of 6.96 bolivianos per dollar since 2011 was replaced with a new rate of 9.73, resulting in a 30% devaluation.

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BoliviaplaceBolivia's economy ministryorganizationcentral bankorganizationbolivianotopicThe Rio Timesorganization

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