Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates. In 2022, the Bolivian Central Bank set the monetary policy rate at 6 percent, slightly up from 5.25 percent a year earlier.
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Economic Commission for Latin America and the Caribbean. (August 14, 2023). Monetary policy rate in Bolivia from 2010 to 2022 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1060829/bolivia-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary policy rate in Bolivia from 2010 to 2022." Chart. August 14, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1060829/bolivia-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. (2023). Monetary policy rate in Bolivia from 2010 to 2022. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1060829/bolivia-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary Policy Rate in Bolivia from 2010 to 2022." Statista, Statista Inc., 14 Aug 2023, https://www.statista.com/statistics/1060829/bolivia-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean, Monetary policy rate in Bolivia from 2010 to 2022 Statista, https://www.statista.com/statistics/1060829/bolivia-monetary-policy-rate/ (last visited August 25, 2024)
Monetary policy rate in Bolivia from 2010 to 2022 [Graph], Economic Commission for Latin America and the Caribbean, August 14, 2023. [Online]. Available: https://www.statista.com/statistics/1060829/bolivia-monetary-policy-rate/