Cortes, Honduras.
According to the Central Bank of Honduras (BCH), the US dollar registered this Monday April 13 a new bullish adjustment against the lempira. The purchase price was at L26.5543while the sale price reached L26.6871.
Why is there a difference between buying and selling?
The purchase exchange rate reflects the value at which banks and exchange houses acquire dollars from their clients, mainly individuals and export companies.
For its part, the sales exchange rate indicates the price at which these institutions sell the foreign currency to users who demand it for travel, international payments or imports.
Economic context and demand for dollars
The daily currency auction, established by the BCH, seeks to balance the supply and demand of foreign currency in the country.
The upward trend in the exchange rate is influenced by several factors: the increase in imports of goods, payments of external debt and the need for foreign currency by productive sectors.
Although family remittances represent a significant source of dollar income to Honduras, the pace of their growth has been insufficient to stop the progressive depreciation of the lempira. So far in April, the US currency has risen more than two cents, reflecting sustained pressure on the local currency.
The BCH is expected to maintain its policy of minimal intervention in the exchange market, respecting the mobile band system agreed with international organizations.
Transparency label: Content generated with artificial intelligence and approved by a journalist, based on the data available on the portal of the Central Bank of Honduras (BCH).
