Pandemic: Dominican Republic and its Monetary Policy
Mar-27-20 | Raising the amount of liquidity facilities for financial intermediaries by $909 million and reducing the legal reserve ratio in local currency by 0.5% are some of the measures taken by the Central Bank in response to the spread of covid-19.

Guatemala: New Reduction in Prime Rate
Mar-26-20 | As part of the health emergency generated by the spread of covid-19, the Bank of Guatemala decided to reduce the prime interest rate again, from 2.25% to 2%.

Dominican Republic: Monetary Policy Rate Falls to 3.5%
Mar-24-20 | Given the significant increase in global uncertainty associated with the economic impact of the coronavirus, the Central Bank decided to reduce the monetary policy rate from 4.5% to 3.5%.

Guatemala: Prime Rate Drops to 2.25%
Mar-23-20 | Arguing that the impact of covid-19 will be significant in the context of global and local economic slowdown, the Central Bank decided to lower the leading interest rate of monetary policy by 50 basis points, from 2.75% to 2.25%.

Monetary Policy in Response to the Coronavirus
Mar-20-20 | Reducing the Monetary Policy Rate to 4.5% and temporarily suspending the daily auctions of Bills aimed exclusively at financial institutions are some of the measures taken by the Central Bank of Honduras in response to the spread of the covid-19.

Monetary Policy Rate Decreases: Have They Worked?
Mar-3-20 | For the Central Bank of Costa Rica, the constant reductions in the Monetary Policy Rate that have taken place since March 2019 have been gradually and incompletely transferred to the interest rates of the financial system.

Guatemala: Leading Rate Begins 2020 at 2.75%
Feb-21-20 | Arguing that the main economic indicators show a stable behavior, the Central Bank decided at the beginning of the year to maintain the level of the leading interest rate of the monetary policy at 2.75%.

Honduras: Monetary Policy Rate Falls to 5.25%
Feb-6-20 | In a context where economic activity continued to show moderate growth at the end of 2019, the Central Bank decided that as of February 10th the Monetary Policy Rate would be reduced from 5.5% to 5.25%.

Monetary Policy Rate Begins 2020 at 4.5%
Feb-4-20 | Arguing that for this year inflation is expected to remain around the central value of the target range, the Central Bank of the Dominican Republic decided to set the Monetary Policy Rate at 4.5%.

Costa Rica: Monetary Policy Rate Drops to 2.25%
Jan-31-20 | Arguing that in 2020 and 2021 inflation is expected to remain within the target range, although below its average value of 3%, the Central Bank reduced the monetary policy rate from 2.75% to 2.25%.

Monetary Policy Rate Closed 2019 at 4.5%
Jan-7-20 | After the Central Bank of the Dominican Republic decided to lower the monetary policy rate to 4.5% at the end of August last year, it decided on December 27 to keep it unchanged, arguing that inflation continues in the projected ranges.

Costa Rica: Monetary Policy Rate Declines Again
Dec-19-19 | For the seventh time this year, the Central Bank decided to reduce the monetary policy rate as a measure to stimulate economic activity, this time from 3.25% to 2.75%.

Guatemala: Leading Rate Remains at 2.75%
Nov-29-19 | Arguing that the economic activity and the execution of public expenditure report a behavior attached to the growth forecasts for 2019, the Central Bank decided to maintain again at 2.75% the level of the leading interest rate of the monetary policy.

Credit Does Not Rebound, Even With Lower Rates
Nov-27-19 | Although The Central Bank has been reducing the monetary policy rate to boost the issuance of bank credit, the speed with which the portfolio of loans in national currency grows continues to decrease.

Brake to Monetary Policy Rate Reduction
Nov-25-19 | After lowering the rate six times between January and October of this year, in its last review the Central Bank of Costa Rica decided to maintain it at 3.25%, because the inflationary rate registers a significant slowdown.