El Salvador
IMF: dollarisation minimises central bank functions
IMF paper offers guidance on dollarisation of currency using past experiences
IMF lends to El Salvador, Serbia
The International Monetary Fund (IMF) on Friday said it would loan more than $1 billion to Serbia and El Salvador to ward off the threat of financial instability.
A note from El Salvador
The dollarisation of El Salvador's economy has brought relative calm to the Central American economy. But it will not be able to completely avoid the collateral damage from a slump in the United States, says Steve H. Hanke, a professor of applied…
Reserve Bank of El Salvador - Annual Report 2005
El Salvador's economy performed well in 2005, growing by 2.8%.
IMF paper on public debt markets
This IMF paper reviews the state of domestic public debt markets in Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, and Panama.
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.
Guatemala considers legalising limited dollar use
Weeks after El Salvador adopted the dollar as one of its currencies, Guatemala's Congress was considering a similar plan Monday, the Associated Press reported.
El Salvador makes way for US dollar general use
El Salvador is making final preparations to introduce the US dollar into general use in January, importing the US currency and training bank employees how to avoid money laundering and counterfeit schemes, officials said on Wednesday.
El Salvador move to dollars seen risky but viable
El Salvador must keep a tight rein on government spending to succeed with a controversial plan to introduce the US dollar into general use and jump-start its economy, economic analysts say.
Guatemala moves towards opening up greenback use
Guatemala's ruling Republican Front (FRG) on Tuesday presented a bill to Congress proposing the liberalisation of the country's foreign exchange markets, as the first step toward dollarising the Central American economy.
El Salvador to use dollar as 'parallel currency'
El Salvador will allow the US dollar to circulate freely alongside its own currency in the new year under a monetary law sent to Congress by the president on Thursday.