Regulatory Alerts2018-10-23 | Resolucion de Directorio N° 157/2018Added · Updated
Board Resolution No. 157/2018
The Board of Directors of the Central Bank of Bolivia revokes Board Resolutions No. 216/2012 and No. 051/2016, which previously regulated the sale of US dollars through the Bank's treasury windows and state-majority financial intermediaries. This repeal takes effect on November 1, 2018, following the expiration of the Foreign Currency Sales Tax (IVME) and the underlying legal mandates that required the Central Bank to sell dollars to the public. Consequently, the specific regulatory framework governing these direct sales channels is no longer applicable.
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