JUST IN: Bolivia: abandons the fixed exchange rate and adopts the flexible regime
International Report:
Governments, analysts, and media outlets are continuing to follow this situation closely as additional details become available.
Bolivia begins a new economic stage: after 15 years of maintaining a fixed exchange rate, the country adopted a flexible exchange rate regime. The Central Bank of Bolivia (BCB) announced that the official price of the dollar will be determined daily according to supply and demand in the financial system.
Key Developments:
This event is already generating discussion among political analysts and international organizations worldwide.
International media coverage is expected to intensify as more updates become available from official sources.
More details may emerge as official sources continue releasing new information.
Source: This article was originally published by France 24 – Noticias y actualidad internacional en vivo and adapted for our international English-speaking audience.
Read the original article here.