Displaying items by tag: Banco Central de Reserva
Salvadoran economy to grow in a range of 2.5% to 3.0% in 2024
The head of the Banco Central de Reserva (BCR), Douglas Rodriguez has informed that economic growth will be in a range of 2.5% to 3.0% in 2024, while for 2023 the projection indicates that the salvadoran economy will grow by 2.7%.
El Salvador received US$675.04 million in remittances in august 2023
Family remittances received by El Salvador totaled US$5,332 million in the period from january to august 2023, according to data published by the Banco Central de Reserva (BCR).
The Índice General de Precios al Consumidor registered a monthly increase of 0.21%.
The Índice General de Precios al Consumidor (IPC) in august 2023 was 129.44, registering a monthly increase of 0.21%, being this variation 0.22% higher than the result of july 2023, according to data published by the Banco Central de Reserva (BCR).
Exports fell 7.2% at the end of june 2023: COEXPORT
According to data analyzed by the Banco Central de Reserva (BCR), from january to june El Salvador exported US$3,439.3 million, which means a reduction of 7.2% compared to the same period of 2022, when it sold US$3,707 million in goods that are equivalent to US$267 million less than last year, this was announced by the trade association of exporters of El Salvador (COEXPORT).
Deposits grew 4% to US$18.382 billion as of april 26, 2023
The President of the Banco Central de Reserva (BCR), Douglas Rodríguez, explained in a morning interview that the country's financial health has shown positive results, as deposits made by salvadorans showed a 4% growth as of april 26, 2023, or US$18,382 million compared to the same period of 2022.
El Salvador's energy exports grew 1,860%: Forbes
According to the international communication magazine Forbes, only in the year 2022 energy exports had a growth of 1,860%, according to data from the Banco Central de Reserva (BCR), to nearby countries such as Guatemala and Costa Rica.
US$50 and US$100 bills are legal tender in the country for use in commerce and institutions
The Banco Central de Reserva (BCR), explains to salvadorans that by decree of law all businesses and institutions must accept dollar bills of any denomination, including US$50 and US$100, for purchases or daily expenses.
Oficina Nacional de Censos details Producer Prices as of february 2023 were 129.68
According to the Oficina Nacional de Estadísticas y Censos (ONEC), of the Banco Central de Reserva (BCR), the General Producer Price Index as of february 2023, was 129.68 with a monthly variation of 30%, reflecting an increase in prices in relation to january section with higher growth in real estate activities.
For 5 months exports have fallen point to point according to economist
According to economist and former President of the Banco Central de Reserva (BCR), Carlos Acevedo, explained in a morning interview that in El Salvador since the last quarter of last year exports have fallen and the first two months of 2023 have shown data that have also fallen.
30% increase in the pension account will be reflected as of january 2023
The President of the Banco Central de Reserva (BCR), Douglas Rodriguez, explained in a morning interview that in January 2023 pensioners will see reflected in their savings account the payment of the 30% increase, a reform that was approved in december 2022.