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Honduras: Negative Foreign Reserves

ISSN:1089-1560
LADB Article ID: 069830
Category/Department: General
Date: Wednesday, August 29, 1990
By: Deborah Tyroler

On Aug. 23, Central Bank vice president Manuel Fontecha confirmed that Honduran foreign reserves are negative. Although Fontecha would not specify the amount, the local media reported an estimated -$150 million. Honduran exporters who have alleg...

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