Guatemala: Central Bank Maintains Interest Rate

The Monetary Board has maintained the leading interest rate for monetary policy at 5.5%.

Thursday, February 16, 2012

At its meeting held on February 15th , 2012, the Monetary Board decided unanimously to maintain the level of the monetary policy leading interest rate at 5.50%, based on a comprehensive analysis of economic and financial events, internally and externally, after having been informed about the Inflation Risks Balance, as well as the results of the first implementation in 2012 of the semi-structural Macroeconomic Model and the orientation of the indicative variables of monetary policy, according to a press release by Banguat.

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Guatemala: Leading Rate Maintained at 4.75%

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Taking into account stable macro economic variables at the national and the global level, the Bank of Guatemala has decided not to change the policy leader rate, the main reference for interest rates in the country.

From a statement issued by the Bank of Guatemala (BANGUAT):

Guatemala Maintains 5% Monetary Policy Rate

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The Monetary Board, at its meeting on March 19, decided to keep the level of its monetary policy leader interest rate at 5.00%.

From a press release by the Bank of Guatemala (Banguat):

The Monetary Board in its meeting held today, decided to maintain at the level of 5% the leader monetary policy interest rate, based on comprehensive analysis of the external and internal situation, after having seen the Balance Inflation Risks .

Leading Interest Rate In Guatemala Remains at 5%

September 2012

The Monetary Board, at its meeting on September 26, decided to keep the monetary policy leading interest rate at 5.00%.

A statement from the Bank of Guatemala (BANGUAT) reads:

The Monetary Board in its decision took into account the following aspects:

a) On the external front, uncertainty and increased risk aversion, mainly in the Euro Zone and to a lesser extent, in the United States of America.

Leader Rate in Guatemala Reduced to 5%

June 2012

The Monetary Board believes that there are now conditions, limited and temporary, to reduce the monetary policy leading interest rate.

A statement from the Bank of Guatemala reads:

MONETARY BOARD REDUCES LEAD POLICY RATE BY 50 BASIS POINTS

The Monetary Board, at its meeting today decided to reduce the level of the leading interest rate for monetary policy by 50 base points from 5.50% to 5.00%, based on comprehensive analysis of the foreign and domestic situation, after reviewing the Inflation Risks Balance, and the results of the mechanical shift of semi-structural Macroeconomic Model for June and orientation of the indicative variables of monetary policy.

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