BRH Monetary Policy Note
Summary: This note analyzes recent economic developments in Haiti, focusing on monetary policy. It outlines the monetary policy framework, its connection to different economic sectors, and provides insights into the authorities' decisions and short-term economic outlook.
Key Findings
- Monetary policy aimed to preserve the purchasing power of the national currency and consolidate macroeconomic stability.
- The BRH reduced its bond outstanding by over 3 billion gourdes while maintaining ceiling rates.
- Inflation decelerated in both annual and monthly terms.
- The exchange rate depreciated slightly, by 52 centimes between October and February.
- The banking system remained relatively stable, with asset growth and improved portfolio quality.
Full Description
This document analyzes recent developments in the Haitian economy, with a focus on monetary policy. It presents the monetary policy framework that links different sectors of the economy and the monetary sphere. The objective is to inform the public about the direction of monetary policy, account for recent decisions by authorities, and outline short-term prospects for the national economy. The note covers the first semester of fiscal year 2011-2012.
How to cite
Bank of the Republic of Haiti (BRH), 2012, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/2018/08/note_polmon4t12.pdf