Panama eyes using the euro as a second currency
The general manager of the National Bank of Panama, Juan Dianous, said he was interested in the possibility of using the euro as a second currency in Panama.
Monday, June 23, 2008
At present there are numerous commercial businesses, hotels and restaurants that accept euros, and several financial institutions carry out operations and open accounts in euros.
Credit growth in dollars is causing concern about possible risks of devaluation and a rise in interest rates.
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