BRH Monetary Policy Note (2017-Q1)

Banque de la République d'Haïti • 2017 • 12 pages

Summary — This report analyzes Haiti's monetary policy during the fourth quarter of 2016, focusing on the impact of Hurricane Matthew and the central bank's responses. It examines inflation, exchange rate dynamics, and the overall economic environment.

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Key Findings

Hurricane Matthew significantly impacted agricultural production and prices.
The central bank maintained key interest rates and managed liquidity through BRH bonds.
Inflation increased to 14.2% in November 2016.
The trade deficit widened despite increased exports.
The gourde continued to depreciate against the US dollar.

Full Description

This note provides an overview of monetary policy in Haiti for the fourth quarter of 2016. It details the economic environment, including the impact of Hurricane Matthew on agricultural production and prices, as well as international economic trends. The report outlines the central bank's policy decisions, such as maintaining key interest rates and managing liquidity, and discusses the outlook for inflation and economic stability.

Topics

Geography

Time Coverage

2016 — 2016

Keywords

monetary policy, inflation, exchange rate, economic conditions, Haiti, Banque de la République d'Haïti, Hurricane Matthew, trade deficit, gourde depreciation, interest rates, liquidity management

Entities

Banque de la République d'Haïti, BRH, Matthew, Fed, CNSA