HONDURAS |
Struggling against inflation. The Honduran central bank (BCH) announced new measures on 20 July designed to try and contain inflation, which reached 5.83% year-on-year in June driven by an increase in the price of imported goods, particularly fuels. From August, the BCH said it would increase the amounts offered in securities auctions and also the reverse repo rate (the interest that it pays to commercial banks for withdrawing money from the market) to try and absorb monetary liquidity in order to curb price increases.
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