The Central Bank of Bolivia announced it will publish a daily reference value for the US dollar, calculated from effective buy and sell transactions carried out by Financial Intermediation Entities (EIF), to provide a clear benchmark reflecting real market activity. The reference USD value will be shown on the Central Bank of Bolivia website homepage. The reference buy rate will be the weighted average exchange rate of all EIF-client transactions in the wholesale market, while the reference sell rate for external operations will reflect the maximum exchange rate EIF can charge clients plus costs related to outward transfers. The central bank linked the initiative to recent months in which the absence of an official reference contributed to multiple USD quotations circulating from unverified sources.
Central Bank of Bolivia 2025-12-01
Central Bank of Bolivia starts daily publication of a USD reference rate based on executed financial sector transactions
The Central Bank of Bolivia will publish a daily reference value for the US dollar based on transactions by Financial Intermediation Entities to provide a clear market benchmark. The reference buy rate will be the weighted average of EIF-client transactions, while the sell rate will include the maximum exchange rate plus transfer costs. This initiative addresses the recent lack of an official reference, leading to multiple unverified USD quotations.