The Central Bank of Honduras reduced the Monetary Policy Rate by 100 base points from 4.5% to 3.5%.
The purpose of this measure is to continue to strengthen the monetary and credit policy actions that were adopted by the Central Bank of Honduras this year. By reducing the interest rate, it will continue to stimulate investment and generate jobs in all sectors.
The central bank of Honduras announced that new rules are to be published for dollar auctions and the way in which the lempira's sliding devaluation is managed.
Ana Cristina Mejía de Pereira, former president of the National Banking Commission said the new rules would have to be presented in transparent fashion to the financial institutions and the public at large.
español
7974
