Economy / Guatemala
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GTQ: On Course To Hit Our Targets
June 2008 | Currency ForecastSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The Guatemalan quetzal continues to move in our favour, strengthening by 3% to around nine-year highs of GTQ7.4100-7.4300/US$ so far in 2008. In the past, the central bank ( Banguat ) may have been tempted to intervene in the FX market to maintain export competitiveness.