Bolivia has increased its interest rates by 0.03 percentage points, from 2.74% to an annual rate of 2.77%.
The key rates a tool used by Central Banks to implement monetary policy.
An increase in interest rates is used to slow down inflation and protect the currency. .
This change is the first to have taken place since on July13th 2017, when the Central Bank increasedinterest rates by 0.03 percentage points to 2.74%.