Honduras: US dollar exceeds 27 lempiras mark

The US dollar has surpassed the 27 lempira threshold in Honduras, reaching a selling price of L27.0010. This depreciation reflects a trend throughout 2026 and has raised concerns regarding inflation and the cost of the basic food basket.

Roberto Lagos, President of the Central Bank of Honduras (BCH), stated that the exchange rate movement follows a natural, projected annual depreciation of approximately 2.5%. He emphasized that the shift from L26.99 to L27 is minimal and should not cause immediate alarm, noting that international reserves remain strong at approximately $11.6 billion, covering about 6.7 months of imports.

Economists warn that the stronger dollar could increase costs for importers, potentially impacting the prices of essential goods, fuels, and agricultural inputs. The trade deficit, where Honduras imports more than it exports, continues to drive high demand for foreign currency.

In a related economic development, family remittances to Honduras grew by 11.2% between January and July 2026, totaling $7,692.2 million. These funds, primarily from the United States, represent over 25% of the country's GDP and are vital for domestic consumption, with 86% directed toward basic needs like food, health, and education.

Additionally, tax collection has reached 118.7 billion lempiras, representing 63.7% of the annual goal set by the government.