The US dollar traded at an average of 7.68 Guatemalan quetzals on June 18, marking a 2.3% increase from the previous session’s 7.51 quetzals. This represents a 2.27% rise over the past week and a 1.4% annual increase. Experts from Guatemala’s central bank noted mixed economic prospects for 2025, with positive growth expected but challenges persisting. Globally, the IMF forecasts favorable economic growth driven by robust labor markets and private consumption, which could benefit Guatemala through increased trade and investment. However, risks such as inflation and global instability remain. Internally, Guatemala’s economic performance will depend on key trading partners like the US, Mexico, and the Eurozone. The quetzal, introduced in 1924, remains one of Latin America’s most stable currencies, currently valued at 7.50 per dollar.
— new from Infobae
