Leading Interest Rate In Guatemala Remains at 5%

The Monetary Board, at its meeting on September 26, decided to keep the monetary policy leading interest rate at 5.00%.

Friday, September 28, 2012

A statement from the Bank of Guatemala (BANGUAT) reads:

The Monetary Board in its decision took into account the following aspects:

a) On the external front, uncertainty and increased risk aversion, mainly in the Euro Zone and to a lesser extent, in the United States of America.

b) However, international financial markets have registered a positive performance due to, among other factors, the implementation of new monetary stimuli by major advanced economies, while there has been an increase in international prices of major raw materials (oil, corn and wheat).

c) Internally, it was assessed that while inflation risks in the short term are contained, what is anticipated with the fulfillment of the inflation target for 2012, is that the challenges will persist over a the long term.



More on this topic

Guatemala: Leading Rate Remains at 5.25%

June 2013

After having increased in April by 0.25%, the Monetary Board of the Bank of Guatemala decided to keep the leading rate at 5.25%, with an eye on inflation control.

From a press release by the Bank of Guatemala (Banguat):

The Monetary Board in its meeting today, decided to keep the level of 5.25% for the monetary policy leading interest rate, based on comprehensive analysis of the external and internal situation, after being made aware of the Balance of Inflation Risks.

Leading Interest Rate in Guatemala Rises to 5.25%

April 2013

Taking into account inflation expectations, the Monetary Board has increased the leading interest rate by 0.25% , going from 5% to 5.25%.

From a press release issued by the Bank of Guatemala (Banguat):

The Monetary Board in its meeting today, after learning the balance of inflation risks, based on comprehensive analysis of the external and internal situation, has decided to raise the level of the monetary policy leading interest rate by 25 base points, going from 5.00% to 5.25%.

Guatemala Maintains 5% Monetary Policy Rate

March 2013

The Monetary Board, at its meeting on March 19, decided to keep the level of its monetary policy leader interest rate at 5.00%.

From a press release by the Bank of Guatemala (Banguat):

The Monetary Board in its meeting held today, decided to maintain at the level of 5% the leader monetary policy interest rate, based on comprehensive analysis of the external and internal situation, after having seen the Balance Inflation Risks .

Leading Interest Rate Rises to 5.5% in Guatemala

September 2011

The Monetary Board has raised the leading interest rate from 5% to 5.50% from today, September 29, 2011.

A press release from the Bank of Guatemala reads:

THE MONETARY BOARD RAISES THE LEADING INTEREST RATE OF THE MONETARY POLICY FROM 5.00% TO 5.50% AS OF THURSDAY 29 SEPTEMBER 2011

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