Regulatory Alerts2024-05-08 | RESOLUCIONES DE DIRECTORIO N° 060/2024Added · Updated
Board Resolution No. 060/2024
The Board of Directors of the Central Bank of Bolivia amends Annex I of the Regulation on Gold Purchases in the Internal Market to update the methodology for calculating purchase prices and the applicable premiums or discounts. The resolution establishes specific percentage adjustments based on the quantity of fine gold delivered, ranging from a 1.84% discount for batches under 2,000 grams to an 8.75% premium for batches exceeding 120,001 grams. It also defines procedures for periodic sales commitments of at least 50,001 grams, including payment terms and penalties for non-compliance. These changes apply to all individuals and legal entities, public and private, authorized to sell gold to the Central Bank.
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