Main interest rate remains unchanged in GuatemalaThe monetary board decided yesterday to keep the main interest rate at 7.25%, despite the request from the business sector to lower it in order to revive the economy.Thursday, December 18, 2008
How many houses are not being built and how many business projects have been stopped due to the lack of credit or the increase in interest rates? And, how many potential jobs have been lost as a result? Source: elperiodico.com.gt ¿Busca soluciones de inteligencia comercial para su empresa?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%. Guatemala Reduces Leading Rate to 5.75%April 2009 The Monetary Board reduced the monetary policy's leading rate by 0.5 base points, from 6.25% to 5.75%. Guatemala's high interest rates create uncertaiJuly 2008 Several sectors of Guatemala's economy are making dire predictions about the negative effects of the Central Bank's decision to raise its benchmark interest rates as part of its anti-inflation strategy. Guatemala's interest rates rise; benchmark rate now is 7.25%July 2008 Guatemala's Monetary Committee has raised the benchmark interest rate half a percentage point, from 6.75 to 7.25 percent.
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