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Small firms in Honduras complain dollars are in short supply for imports. Impact of new exchange-rate system

Friday, August 19, 2011


\ Ever since the Honduran central bank made the exchange rate more flexible , commercial banks have faced problems in meeting demand for dollars by their clients.\ \ Owners of small businesses complain that banks are unable to provide the dollars that they need to pay for imports.\ \ The central bank has said that companies that need less than $10,000 will have no need to take part in the dollar auctions. But that is not the reality, many business people say.\ \ Original source (in Spanish): La Tribuna\ \ \ \ \