Central Banking

Honduras not ready to adopt dollar-central banker

HONDURAS - A large trade deficit and limited foreign currency reserves mean Honduras is not ready to follow in the footsteps of neighboring El Salvador and dollarize its economy, Central Bank President Victoria Asfura said on Apr 19.

Asfura spoke after recent comments by Costa Rican President Miguel Rodriguez, who said all of Central America could adopt a single currency and eventually convert to a dollarized regional economy.

El Salvador, a next-door neighbor of Honduras in Central America, ad

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: