The Lehman effect on Honduras

"The global financial crisis has cause the main investment bank in the US to go bankrupt and will produce an strong impact on the Honduras' weak economy.

Wednesday, September 17, 2008

"Economic growth will stop, limiting access to credit and as a result the upward trend of interest rates will continue," the ex-president of the Central Bank of Honduras, Maria Elena Mondragon, warned.
The international financial crisis will definitely affect the economy of Honduras and so the monetary authorities should begin to adopt the pertinent measures to face this situation."

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