International Reserves in Honduras
Honduras - International ReservesContainment measures since March to curb the spread of Covid-19 will have dealt a heavy blow to domestic activity, while foreign demand should have taken a hit as much of the world has gone into lockdown. This follows fairly positive data for January–February, with economic activity growth accelerating from the fourth quarter; robust private-sector credit growth; and strengthening export growth and recovering imports, hinting at improving domestic demand. The government, meanwhile, has stepped up its fight against the impact of Covid-19, with Congress approving additional borrowing of around 10% of GDP for this year. Moreover, in recent weeks the IMF proposed increased funding of USD 222 million and the World Bank approved a USD 20 million loan, which should help shore up the economy.
Honduras - International Reserves Data
|International Reserves (USD)||3.8||3.8||4.7||4.8||5.7|
5 years of economic forecasts for more than 30 economic indicators.
Honduras International Reserves Chart
Source: Honduras Central Bank and FocusEconomics calculations.
|Exchange Rate||24.59||-0.03 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.