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BCH Report: Exchange Agents Injected $7,519.1 Million into the Economy via Auctions

Broadcast United News Desk

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Tegucigalpa – The Central Bank of Honduras (BCH) reported on Friday that in the first five months of this year, in coordination with commercial banks and authorized exchanges, it injected a total of US$7.5191 billion into the foreign exchange market, equivalent to 186.5 billion lempiras at the current exchange rate.

According to BCH, these resources come mainly from exports, family remittances and foreign loans. He also detailed that $215.1 million (R5.33 billion) was a direct contribution from BCH.

“It is important to highlight the strong momentum of household remittance flows, which so far total $3,869.7 million (TL 96 billion), $148 million higher than the record in 2023, partially compensating for the decline in export earnings,” said the statement from the BIS.

The report also showed that the percentage of winning lots increased in the first five months of this year, from an average of 32.8% in January to 37.9% in May. “If direct sales were added to the data, this percentage would increase to 42.2% in January and 48.5% in May,” he added.

BCH explained that the $7.5191 billion was distributed as follows: 25.9% for transactions; 16.4% for natural persons (including requests in auctions and requests for amounts less than $10,000); 12.4% for fuel; 11.0% for manufacturing, and 7.9% for finance (for paying out-of-pocket expenses).

For electrical energy 5.3%; Agribusiness 4.5%; Pharmacies, drug stores and health products 3.5%; Services 3.3%; Construction 2.7%; Supermarkets and distributors 2.6% and other activities 4.5%. Venture Capital

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