Bolivia’s Economy Ministry recognized that the current regime had failed, as the country’s oil exports had been reduced since 2005, making it impossible to continueBolivia’s Economy Ministry recognized that the current regime had failed, as the country’s oil exports had been reduced since 2005, making it impossible to continue

Bolivia Abandons Fixed Exchange Rate Scheme After 15 Years, Adopting a Floating Dollar System

2026/06/30 03:56
1 min read
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Stack of Bolivian bolivianos.Bolivia’s Economy Ministry recognized that the current regime had failed, as the country’s oil exports had been reduced since 2005, making it impossible to continue with the exchange regime. The exchange rate had been fixed in 2011 at nearly 7 Bolivian bolivianos. Bolivia Abandons Fixed Dollar Exchange Rate Regime, Opens To Flotation The Ministry of […]

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