According to the Minister, President Luis Arce instructed to work and propose answers to this new scenario regarding the US currency, which increased after the failed coup attempt of last June 26th.

The Financial System Supervisory Authority (ASFI) has been instructed to evaluate and propose “concrete measures, to establish (…) what can be taken to return to normality in terms of this behavior that has been occurring in the supply of foreign currency,” Cusicanqui explained.

The media reported dollar shortage and that its parallel exchange rate exceeded 10 bolivianos (US$1.4), based on inquiries at exchange houses.

The Central Bank of Bolivia (BCB) established that the official exchange rate is 6.96 bolivianos for sale and 6.86 bolivianos for purchase.

The minister described that “in the last few days, and particularly since the failed military coup d’état, we have been seeing that a scenario of speculation has been exacerbated in terms of the dollar exchange rate”.

He described this situation as contradictory, viewing the results of the trade balance in this same stage.

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