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February 15, 2023
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ASFI denies shortage of dollars and variations in the exchange rate

Central Bank buys $4.4 million from exporters five days after launching the offer

February 14, 2023, 10:16 PM

February 14, 2023, 10:16 PM

Through an institutional bulletin, the Ministry of Economy and Public Finance stated that the exchange houses and financial entities serve with normal demand for dollars. In the same way, he maintained that they keep the exchange rate within the limits established by the Central Bank of Bolivia.

The statement is attributed to Reynaldo Yujra, director of the Financial System Supervision Authority (ASFI), who points out that this entity verified the exchange houses and financial intermediation entities.

“Exchange houses are institutions under the regulation scope of the ASFI, and with the results obtained from a recent evaluation, it is shown that these entities are serving the citizens and the types of change have not exceeded the established limits in the norm”, informed Yujra, quoted by the bulletin of the Ministry of Economy.

He further stated that, at this time, there is no shortage of foreign currency and the exchange rate remains within the “official limits of purchase and sale established by the Issuing Entity”.

For her part, the Vice Minister of Pensions and Financial Services, Ivette Espinoza, explained that exchange houses are regulated by ASFI and cannot carry out exchange transactions outside the established ranges.

EL DEBER made a tour of exchange houses in the capital of Santa Cruz and showed that the demand for dollars rises, given the scarcity of these currencies. He also found that the purchase value of the dollar fluctuates between Bs 6.94 and Bs 6.96.

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