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Honduras’ international reserves solid

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Tegucigalpa, Jul 24 (Prensa Latina) Honduras has solid Net International Reserves (NIR) with a sum of 6,87 billion dollars that ensure a backing of more than four months of imports, the Central Bank of Honduras (BCH) reported.

According to the Honduran financial entity, this figure was registered on the 19th, and remains above international standards, which reaffirms a favorable external position for Honduras.

A TV Canal 8 report, quoting the Central Bank’s, stated that the NIR are fundamental to guarantee compliance with the financial obligations that the country contracted in previous periods with international organizations and foreign creditors.

It added that the BCH has honored 685.9 million dollars from NIR as a priority in the payment of the external debt service, which reflects the commitment of the Honduran Government to contribute to the macroeconomic stability of the country and the confidence of investors.

The information pointed out that in order to maintain the normal development of the economic activity, 332.4 million dollars have been required to strengthen the foreign exchange market, channeled through 15 authorized commercial banks and one authorized exchange house.

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