Interest Rate in Bolivia
Bolivia - Interest Rate
The economy grew 3.3% year-on-year in Q3 2018, down markedly from the previous quarter (Q2 2018: +4.4% yoy). Notably, fixed investment contracted on the heels of almost three years of continuous expansion, although a jump in public spending and sturdy private spending cushioned the losses. Moreover, export growth slowed amid lower demand from Argentina and Brazil, while fiscal woes have been mounting. On 1 March, President Evo Morales, hoping to be re-elected in October, launched his universal healthcare plan at a time when increasing external debt is already weighing on international reserves, which are key to maintaining the currency’s peg to the dollar.Bolivia - Interest Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Policy Interest Rate (%) | 11.41 | 8.00 | 7.36 | 7.82 | 7.86 |
Bolivia Interest Rate Chart
Source: Bolivia Central Bank.
Bolivia Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 6.93 | -0.14 % | Mar 11 |
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