BRH Monetary Policy Note
Summary: This note analyzes recent developments in the Haitian economy, focusing on monetary policy. It informs the public about the direction of monetary policy, reports on recent decisions by authorities, and outlines short-term prospects for the national economy.
Key Findings
- The monetary authorities decided to maintain the accommodative monetary policy implemented after the January 12, 2010 earthquake.
- Economic activity was negatively influenced by protests following the November 2010 elections.
- The banking system's performance remained well-oriented in the first quarter of 2011.
- The exchange rate of the gourde against the US dollar remained stable, with a slight appreciation in December.
- The acceleration of inflation in December is mainly explained by the increase in the "Food, Beverages and Tobacco" index.
Full Description
This document analyzes recent developments in the Haitian economy, focusing on monetary policy as a key component of economic policy. It presents the framework of monetary policy and its connection to different sectors of the economy and the monetary sphere. The note aims to inform the public about the direction of monetary policy, provide an account of recent decisions made by the authorities, and outline short-term prospects for the national economy, taking into account the latest decisions and identifying short-term perspectives.
How to cite
Bank of the Republic of Haiti (BRH), 2011, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/2018/08/note_polmon2t11.pdf