The Bolivian Government of President Luis Arce Catacora is taking bold steps to keep the exchange rate between the local currency and the US dollar from soaring any further, Planning Minister Sergio Cusicanqui said Sunday. In view of the speculative scenario of the US currency, it is necessary to examine what is happening and take other measures from the Government, the minister explained.
Bolivia's Central Bank (BCB) Monday launched the new 50 bolivianos note (worth around 7.3 US dollars), following the recent release of the 10 and 20 bills.