Exchange Rate in Guatemala
Guatemala - Exchange RateEconomic growth picked up pace in the third quarter of 2018 on the back of resilient domestic demand and despite a weak external sector performance. Although easing slightly, growth in private consumption remained sturdy and benefited from strong growth in remittances. Meanwhile, public consumption and fixed investment growth shifted into a higher gear in the quarter, picking up some of the slack. On the other hand, exports contracted at a sharper pace while import growth accelerated. With that said, strong import growth is normally a sign of robust domestic demand. Looking at the final quarter of 2018, economic activity kept up pace in October and November, while growth in remittances remained strong through the quarter. Overall, a preliminary estimate from the Central Bank suggests annual growth accelerated slightly in 2018. In other news, after a year of tensions between the government and the UN, Guatemala pulled out of the UN’s anti-corruption commission and expelled its commissioners. This followed an investigation into government officials and top presidential aides.
Guatemala - Exchange Rate Data
|Exchange Rate (vs USD)||7.84||7.60||7.63||7.52||7.35|
5 years of economic forecasts for more than 30 economic indicators.
Guatemala Exchange Rate Chart
Source: Guatemala Central Bank and Met the why particular calculations.
|Exchange Rate||7.72||0.22 %||Jan 21|
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January 11, 2019
The economy picked up some steam in the third quarter on resilient domestic demand, which offset a weaker external sector.
January 9, 2019
Growth in economic activity accelerated from 3.2% year-on-year in October to 3.4% in November, according to Banguat’s monthly index of economic activity.
January 8, 2019
Consumer prices increased 0.13% over the previous month in December, contrasting the 0.29% decrease in November.
January 7, 2019
Remittances from workers abroad increased 17.1% over the same month a year earlier in November, slightly down from the 18.6% year-on-year expansion recorded in October.
January 7, 2019
Economic activity accelerated in October to 3.3% year-on-year from 3.0% in September according to Banguat’s monthly index of economic activity.