Bolivia has increased its interest rates by 0.38 percentage points, from 1.83% to an annual rate of 2.21%.
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 December1th 2016, when the Central Bank increasedinterest rates by 0.38 percentage points to 1.83%.