Bolivia is overhauling gold export rules to boost USD inflows and dollar deposits at domestic banks, ending a three-year central bank-regulated certification regime. Under the new rules exporters must prove to mineral and metals trade regulator SENARECOM that at least 80% of export proceeds are deposited in Bolivian financial institutions; exporters will no longer need a central bank-issued certificate to ship gold. The reform, backed by the president and announced Wednesday, is aimed at increas

Bolivia is overhauling gold export rules to boost USD inflows and dollar deposits at domestic banks, ending a three-year central bank-regulated certification regime. Under the new rules exporters must prove to mineral and metals trade regulator SENARECOM that at least 80% of export proceeds are deposited in Bolivian financial institutions; exporters will no longer need a central bank-issued certificate to ship gold. The reform, backed by the president and announced Wednesday, is aimed at increasing foreign-exchange inflows, improving USD availability and tightening oversight of gold exports.