Regulatory Alerts2012-04-03 | Resolución 040/2012Added · Updated
Resolution 040/2012
The Board of Directors of the Central Bank of Bolivia approves a modification to Article 18 of the Foreign Exchange Operations Regulations. The amendment alters the delivery of foreign currency procedures by establishing that financial entities must provide national currency resources on the same day as the Bolsín session, or alternatively, the Central Bank may debit the entity's national currency accounts. The adjudicated US dollars are then delivered to the financial entities on the following business day via credit to their USD accounts.
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