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Peso Boliviano
(redirected from Bolivian peso)

   Also found in: Wikipedia 0.01 sec.
Peso Boliviano
The former currency of Bolivia. It was introduced in 1963 as a way to stave off inflation. It was pegged to the U.S. dollar until 1979, when it began to operate under a managed float. It suffered from high inflation throughout its history, especially in the mid-1980s. It was replaced by the boliviano in 1986.


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According to Bolivian media reports, they are demanding an annual allowance of 3,000 Bolivian pesos (Au255) from central government.
As the programme took hold, Sachs recommended that the Bolivian central bank use its funds to support the value of the Bolivian peso.
This increase was primarily the result of the depreciation of the peso against the dollar and the Bolivian peso (73%), and higher expenses in Bolivia due to an increase in personnel.
 
 
 
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