Regulatory Alerts2019-01-24 | RESOLUCIONES DE DIRECTORIO Nº 011/2019Added · Updated
Board Resolution No. 011/2019 Approving Amendment to the Foreign Exchange Position Regulation for Financial Intermediation Entities
The Central Bank of Bolivia amends Article 4 of the Foreign Exchange Position Regulation to adjust the allowable foreign exchange position limits for Financial Intermediation Entities. The maximum long position for the sum of ME, MVDOL, and OME is reduced from 60% to 50% of accounting equity, while the maximum short position is increased from 40% to 50% of accounting equity. The limit for long positions in MNUFV remains unchanged at 10% of accounting equity. These modifications enter into force on February 4, 2019.
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