LatinNews Regional Monitor: Caribbean & Central America - 22 April 2020

* The Central American bank for economic integration (BCIE) has approved a credit line of US$200m to strengthen the capacity of Honduras’s central bank (BCH) to respond to the economic impact of the coronavirus (Covid-19) pandemic. The resources will be used in particular to strengthen the level of international reserves, in order to maintain the value of the national currency and the stability of the Honduran financial system. Earlier this month the BCH announced various measures aimed at mitigating the economic impact of Covid-19, including a reduction in interest rates.

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