Regulatory Alerts2016-09-06 | RESOLUCIONES DE DIRECTORIO N° 174/2016Added · Updated
Board Resolution No. 174/2016
The Central Bank of Bolivia amends the Foreign Exchange Position Regulation by increasing the short foreign exchange position limit for financial intermediation entities from 20% to 30% of accounting equity and reducing the long position limit for non-convertible foreign currency assets from 15% to 10%. Additionally, the exemption from this regulation is extended to include Development Financial Institutions (IFD), alongside the existing exemption for the Productive Development Bank (BDP). These changes enter into force on September 7, 2016.
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