Honduras: Monetary Policy Rate Lowered to 5.75%

The Central Bank has reduced the benchmark rate by 50 basis points as a result of stable performance shown by the economy.

Monday, March 21, 2016

The Board of the Central Bank of Honduras reduced, from 28 March 2016, the monetary policy rate by 50 basis points, fixing it at 5.75%.

From a statement issued by the Central Bank:

The Commission on Open Market Operations (COMA) at the Central Bank of Honduras (BCH), in ordinary meeting No.126 on March 15, 2016, discussed the recent developments and prospects for the main macroeconomic and financial indicators, both at the national and international level.

In the international context, a slower recovery is expected in advanced and emerging economies. Although prices of fuels and raw materials have denoted slight increases in the last month, it is expected that they will remain at historically low levels and without increased inflationary pressures.



More on this topic

Honduras: Monetary Policy Rate Up to 5.75%

January 2019

Arguing that the medium-term forecasts indicate that the inflation trajectory will remain above the tolerance range, the BCH decided to raise the Monetary Policy Rate by 0.25%.

From the BCH press release:

January 4th, 2019. In ordinary session No.158-10-12/2018, the Open Market Operations Commission (COMA) of the Central Bank of Honduras (BCH), analyzed the recent evolution and perspectives for the main macroeconomic and financial indicators, at domestic and international levels.

Honduras: Monetary Policy Rate Lowered to 5.5%

June 2016

Considering the international context and the recent performance of the national economy, the Central Bank has decided to reduce the monetary policy rate from 5.75% to 5.50%.

From a statement issued by the Central Bank:

The Commission on Open Market Operations (COMA) at the Central Bank of Honduras (BCH), in ordinary meeting No.128 on June 14, 2016, discussed the recent developments and prospects for the main macroeconomic and financial indicators, at the national and international level.

Honduras: Monetary Policy Rate Drops to 6.50%

March 2015

In order to sustain the pace of local economic growth, the Central Bank has decided to reduce the monetary policy rate from 6.75% to 6.50%.

From a statement issued by Banco Central de Honduras:

The Committee on Open Market Operations (COMA) at the Central Bank of Honduras (BCH), in regular session No.117 on March 17, 2015, analyzed the recent performance and prospects for the main macroeconomic and financial indicators, both at the national and international level.

Honduras: Monetary Policy Rate Drops to 6.75%

February 2015

The Central Bank of Honduras has reduced the monetary policy rate by 0.25%, setting it at 6.75%, which has created the expectation of lower interest rates in the domestic market.

From a statement issued by Banco Central de Honduras:

The Committee on Open Market Operations (COMA) at the Central Bank of Honduras (BCH by its initials in Spanish), in regular session No.116, analyzed recent performance and prospects for the main macroeconomic and financial indicators, both nationally and internationally.

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