Dossier
floating exchange rate
Coverage of floating exchange rate in the Nexus archive.
- Bolivia Lets Its Currency Float at Last, at 9.73 to the Dollar
Bolivia transitioned to a floating exchange rate on June 29, 2026, ending a 2011 peg of 6.96 bolivianos to the dollar. The new rate opened at 9.73 bolivianos per dollar, marking a 40% depreciation.
- Bolivia Nears a Currency Float and an IMF Deal
Bolivia may implement a floating exchange rate as soon as this week, with the government planning to secure an IMF financing deal only after the currency reform is enacted. The country faces challenges related to its multiple exchange rates.