Regulatory Alerts2023-04-17 | RESOLUCIONES DE DIRECTORIO N° 063/2023Added · Updated
Board Resolution No. 063/2023
The Central Bank of Bolivia amends its Foreign Exchange Operations Regulation to authorize Financial Intermediation Entities to sell US dollar resources held in specific funds (CPVIS II, CPVIS III, CPR0, and FIUSEER) to the central bank at the official selling exchange rate, provided these funds are not securing liquidity loans. This modification aims to maintain adequate liquidity levels by allowing the conversion of excess legal reserve requirements and resources from designated funds. The resolution becomes effective on April 17, 2023.
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