Regulatory Alerts2009-12-15 | Resolución 144/2009Added · Updated
Resolution 144/2009
The Board of Directors of the Central Bank of Bolivia amends Article 4 of the Foreign Exchange Position Regulation for banking and non-banking financial entities to reduce allowable foreign exchange position limits. Effective March 16, 2010, the long position limit for the sum of foreign currency, MVDOL, and OME is lowered from 70% to 60% of accounting equity, while the long position limit for MNUFV is reduced from 20% to 15%. Additionally, a stricter limit of 10% for MNUFV long positions takes effect on June 1, 2010, while the short position limit remains unchanged at 20%.
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