Guatemala: Leading Rate Maintained at 4.75%

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.

Thursday, May 29, 2014

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

THE MONETARY BOARD KEEPS MONETARY POLICY LEADER INTEREST RATE AT 4.75%

The Monetary Board, at its meeting held today, based on a comprehensive analysis of the external and internal situation, decided to keep the monetary policy leader rate at 4.75%.

The Monetary Board, in the external environment, said that the global economy is continuing its recovery, as a result of improved performance of the advanced economies and continued dynamism in some emerging market economies and developing countries. It also took into account the behavior of international prices of some raw materials (oil, corn and wheat), which although have shown growth will continue at levels below those of the previous year.



More on this topic

Macroeconomic Stability and the Leading Rate

June 2019

For the third time, in this year, the Banco de Guatemala confirmed that it decided to keep the monetary policy rate at 2.75%, since the short term indicators of the economic activity show a dynamism that adjusts to the expected.

From the Banco de Guatemala press release:

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.

From a statement issued by the Bank of Guatemala:

The Monetary Board, at its meeting held today, decided to keep the leading monetary policy interest rate at 4.75%, based on a comprehensive analysis of the external and internal situation, having been made aware of the Balance of Inflation Risks.

Guatemala: Reference Rate Lowered to 4.75%

March 2014

The Bank of Guatemala has lowered the leading policy rate, the reference for interest rates in the domestic financial system, from 5% to 4.75%.

The Monetary Board decided to lower the leading policy rate by 0.25 percentage points based on the external and internal economy, seeing a recovery in global economic activity.

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.

In making this decision the Monetary Board took into account the following:

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