Displaying items by tag: interest rate
Assembly approves microenterprise families to obtain loans from 1.5% to 4% interest rate
This afternoon, the Legislative Assembly approved in plenary section number 138, reforms to the Law for the Creation of the Fondo Solidario para la Familia Microempresaria(FOSOFAMILIA).
Lending and deposit interest rate for march 2023 was 2.8 the lowest in Latin America
According to the report "Situación Económica de País 2022 y perspectiva 2023", by Universidad Francisco Gavidia (UFG), in El Salvador in march of this year the asset and liability interest rate for march closed with 2.8 percentage points, the lowest in Latin America.
Oil prices cut gains on fears of interest rate hikes
The market was pressured by rising expectations of rate hikes by the European Central Bank (ECB) following a faster-than-expected acceleration in consumer prices.
El Salvador will not be affected despite simultaneous interest rate hikes
The U.S. Federal Reserve (FED) announced a new interest rate hike. On this occasion, the sixth so far in 2022, it increased by 0.75%.