The Banco Central de Reserva (BCR) through its social networks has informed that the currency of US$0.50 cents, is usable in any economic transaction within El Salvador.
This thursday, january 18, Lionel Messi, Luis Suarez, Sergio Busquets, and Jordi Alba among other stars of the MLS team are expected to arrive in Cusco.
Fines for commodity price increases rise to US$240,000
Written by Karla GutiérrezThe Defensoría del Consumidor (DC) reports US$240,000 in penalties to companies for unjustified price increases in basic products, since March 2023 to date.
Lionel Messi will play at the Estadio Cuscatlán against the national team of El Salvador in a friendly match of Inter Miami as part of their preseason.
Electricity prices remain unchanged in El Salvador
Written by Karla GutiérrezFor this monday, january 15, 2024, the prices of electric energy in El Salvador have been announced, which do not present any change compared to the previous quarter.
Check truncation could reduce check clearing times by up to 4 hours
Written by Karla GutiérrezIn the financial commission, the deputies voted in favor of reforming the Code of Commerce and incorporating article 838, paragraphs A and B, related to the truncation of these financial documents.
How does the rise in oil prices affect the economy?
Written by Karla GutiérrezRising oil prices affect the salvadoran economy because it depends on crude oil imports and the ups and downs of the international market, which also causes food prices to rise.
El Salvador experiences increase in EMBI at the beginning of 2024
Written by Denis MuñozThe Emerging Market Bond Indicator (EMBI) in its updated report, positions the country with an increase of 7.02 compared to 6.84 at the end of 2023.
Migration in 2023 increased as estimated by salvadorans
Written by Denis Muñoz14.5% of salvadorans will migrate from El Salvador in 2023, with the objective of changing their economic situation.