Bolivian governor says country faces ‘liquidity crisis’

The governor of Bolivia’s central financial institution has mentioned his nation confronted “a liquidity disaster”, however “not a solvency disaster”, because it runs wanting international change.

One Bolivian financial institution failed final month after a run on deposits, and regulators plan to repay greenback depositors in native forex. A number of observers inform Central Banking that the transfer may exacerbate Bolivia’s reserves disaster, including {that a} new legislation wouldn’t present greater than non permanent respite.

In an interview with The Banker, printed on Could

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