{"id":38982,"date":"2024-10-11T00:00:48","date_gmt":"2024-10-11T06:00:48","guid":{"rendered":"https:\/\/garciabodan.com\/?p=34346"},"modified":"2025-09-05T12:22:28","modified_gmt":"2025-09-05T18:22:28","slug":"central-bank-of-honduras-increases-monetary-policy-rate-to-strengthen-the-economy","status":"publish","type":"post","link":"https:\/\/garciabodan.com\/en\/central-bank-of-honduras-increases-monetary-policy-rate-to-strengthen-the-economy\/","title":{"rendered":"Central Bank of Honduras Increases Monetary Policy Rate to Strengthen the Economy"},"content":{"rendered":"<p><span data-contrast=\"auto\">The Central Bank of Honduras (BCH) has raised the Monetary Policy Rate (MPR) from 3.0% to 4.0%, effective August 2024. This rate represents the interest at which the BCH lends money to commercial banks, and its increase creates a ripple effect that raises borrowing costs for these banks, impacting credit access in the market.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">According to the BCH, the increase in the MPR aims to mitigate internal inflationary pressures and preserve the country\u2019s external position. In a context where inflation and economic stability are key concerns, this measure seeks to reduce credit demand and, consequently, curb rising prices.<\/span><\/p>\r\n<p><b><span data-contrast=\"auto\">Expected Positive Effects:<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Inflation Control:\u00a0<\/span><\/b><span data-contrast=\"auto\"><span class=\"TextRun SCXW20267636 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">By<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">making<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">loans<\/span><span class=\"NormalTextRun SCXW20267636 BCX8\"> more <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">expensive<\/span><span class=\"NormalTextRun SCXW20267636 BCX8\">, <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">consumption<\/span><span class=\"NormalTextRun SCXW20267636 BCX8\"> and <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">investment<\/span><span class=\"NormalTextRun SCXW20267636 BCX8\"> are <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">reduced<\/span><span class=\"NormalTextRun SCXW20267636 BCX8\">, <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">which<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">helps<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">to<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">alleviate<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">pressure<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">on<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW20267636 BCX8\">prices<\/span><span class=\"NormalTextRun SCXW20267636 BCX8\">.<\/span><\/span><span class=\"EOP SCXW20267636 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Stabilization of International Reserves:<\/span><\/b><span data-contrast=\"auto\"> <span class=\"TextRun SCXW218478468 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW218478468 BCX8\">A <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">greater<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">influx<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">of<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">foreign<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">investment<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">is<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">expected<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">to<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">help<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">maintain<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">an<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">adequate<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">level<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">of<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW218478468 BCX8\">international<\/span><span class=\"NormalTextRun SCXW218478468 BCX8\"> reserves.<\/span><\/span><span class=\"EOP SCXW218478468 BCX8\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n\t<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Attraction of Foreign Currency:<\/span><\/b><span data-contrast=\"auto\"> <span class=\"TextRun SCXW35174241 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">The<\/span><span class=\"NormalTextRun SCXW35174241 BCX8\"> BCH <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">is<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">confident<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">that<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">this<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">decision<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">will<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">attract<\/span><span class=\"NormalTextRun SCXW35174241 BCX8\"> more <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">foreign<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">currency<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">to<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">the<\/span><span class=\"NormalTextRun SCXW35174241 BCX8\"> country, <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">strengthening<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">the<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">national<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">economy<\/span><span class=\"NormalTextRun SCXW35174241 BCX8\"> and <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">helping<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">to<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">maintain<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">financial<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">equilibrium<\/span><span class=\"NormalTextRun SCXW35174241 BCX8\"> in <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">the<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">current<\/span><span class=\"NormalTextRun SCXW35174241 BCX8\"> global <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW35174241 BCX8\">context<\/span><span class=\"NormalTextRun SCXW35174241 BCX8\">.<\/span><\/span><\/span><\/li>\r\n<\/ul>\r\n<p><span class=\"TextRun SCXW136217523 BCX8\" lang=\"ES-SV\" xml:lang=\"ES-SV\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW136217523 BCX8\">\u00a0<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">This<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">measure<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">presents<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">its<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">elf<\/span> <span class=\"NormalTextRun SCXW136217523 BCX8\">a<\/span><span class=\"NormalTextRun SCXW136217523 BCX8\">s a <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">key<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">strategy<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">to<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">add<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">ress<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">t<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">he<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">e<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">conomic<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">c<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">ha<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">l<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">lenges<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">f<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">aci<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">n<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">g<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW136217523 BCX8\">the<\/span><span class=\"NormalTextRun SCXW136217523 BCX8\"> co<\/span><span class=\"NormalTextRun SCXW136217523 BCX8\">u<\/span><span class=\"NormalTextRun SCXW136217523 BCX8\">ntry.<\/span><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Honduras (BCH) has raised the Monetary&#8230;<\/p>\n","protected":false},"author":10,"featured_media":34350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[226,229],"tags":[],"class_list":["post-38982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alert","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts\/38982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/comments?post=38982"}],"version-history":[{"count":2,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts\/38982\/revisions"}],"predecessor-version":[{"id":42834,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/posts\/38982\/revisions\/42834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/media\/34350"}],"wp:attachment":[{"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/media?parent=38982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/categories?post=38982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/garciabodan.com\/en\/wp-json\/wp\/v2\/tags?post=38982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}