About this work
Bloomberg Línea reports that Bolivia's fixed exchange rate faces mounting pressure in 2025 from a widening parallel market gap and thin reserves. Jonathan Fortun of the IIF said the peg has brought some stability at a high cost and that its long term viability is seriously in question. He described the parallel market as a symptom of dollar scarcity, called reserve levels critical, and warned the boliviano could weaken further without fiscal reform and broader financing.