Banguat Leading Rate Rises to 5%The Bank of Guatemala has increased the monetary policy leading interest rate from 4.75% to 5.00% taking effect from 28 July.Thursday, July 28, 2011
In its analysis, the Monetary Board took into consideration that the global economy is continuing to expand, albeit at a slower pace than expected. However, according to the International Monetary Fund, this moderation in growth is temporary and forecasts still point to global growth being located above the historical average. It also found that international prices of raw materials (oil, corn and wheat) in recent weeks again showed an increasing trend and are staying at levels high compared to the previous year Source: Bank of Guatemala ¿Busca soluciones de inteligencia comercial para su empresa?Guatemala: Leading Rate Remains at 2.75%November 2019 Arguing that the economic activity and the execution of public expenditure report a behavior attached to the growth forecasts for 2019, the Central Bank decided to maintain again at 2.75% the level of the leading interest rate of the monetary policy. Guatemala: Economic Outlook for March 2017March 2017 The Bank of Guatemala has kept the lead monetary policy rate at 3%, arguing that high levels of uncertainty still persist in the external economic environment. Guatemala: Leader Rate Stays at 4.75%May 2014 The Bank of Guatemala is keeping at the same level its leading policy rate, which is the main reference for interest rates in the country. Guatemala Central Bank Maintains Interest Rate at 4.75%July 2011 The Monetary Board has unanimously decided to not to change the monetary policy’s prime lending interest rate, keeping it at 4.75%, based on a comprehensive analysis of the internal and external situation.
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