Bolivia Sees Unexpected Drop in Parallel Dollar Rate to 14 Bolivianos

La Paz, Bolivia – The parallel dollar exchange rate in Bolivia experienced a significant and unexpected drop at the start of July, reaching as low as 14 Bolivianos per U.S. dollar. This marks a notable shift from previous months, with the highest rate recorded in 2025 being 20 Bolivianos per dollar on May 15. According to economic analysts, several factors may be contributing to this surprising decrease. Experts suggest that the availability of credits has helped to mitigate the demand for dollars in the market. Additionally, the parallel market is inherently volatile, and the current trend might indicate a period of stabilization after previous fluctuations. The expert interviewed noted that while there have been spikes in the past due to specific news or needs, the overall mid-term outlook does not suggest a continued decline in the exchange rate. As of this Tuesday, parallel market rates for USDTs were observed between 14.40 and 14.70 Bolivianos for buying and 13.90 Bolivianos for selling in digital wallets, reflecting the current market dynamics.

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