Bolivia: base interest rate 2010-2018
Latin American countries whose monetary policy rates have decreased in the last five years. 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 2018, the Bolivian Central Bank set the monetary policy rate at 2.5 percent, slightly up from 2.38 percent a year earlier.
Bolivia is one of the few