Bolivia's central bank reserves at $1.6 billion as informal dollar hits 11.50 bolivianos

The Central Bank of Bolivia (BCB) reported that its net international reserves (RIN) remain at $1.6 billion, of which only $130 million corresponds to liquid foreign currency.

The scarcity of reserves has pushed the dollar's price on the informal market to 11.50 bolivianos, 65% above the official rate of 6.96.