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Bolivia Relaxes Gold Export Controls and Suspends Central Bank Purchases
According to new regulations supported by President Luis Arce, Bolivia is dismantling its state-controlled gold trading system and eliminating central bank purchase requirements. Exporters will no longer need central bank certificates to send gold overseas, though at least 80% of export revenues must flow into the Bolivian banking system. The reform ends a central bank-regulated framework that had been in place for three years and aims to attract more U.S. dollars into the country's financial sy
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