Bolivia’s central bank signed an agreement with state-owned bank Banco Union to buy USD from private exporters at a higher exchange rate than the average in financial markets to boost the county’s international cash reserves. Central bank president Rojas noted that the exchange rate for these transactions would remain fixed between BOB 6.86 and 6.96 per USD. Rojas said the country seeks to buy around USD 1 bln from private exporters without specifying a time frame. Bolivia exported USD 13.6 bln in 2022, and 72% of it was sold by private exporters.