BRH Monetary Policy Note
Summary: This note analyzes recent economic developments in Haiti, focusing on monetary policy. It presents the monetary policy framework, its connection to various economic sectors, and aims to inform the public about the direction of monetary policy, recent decisions by authorities, and short-term economic perspectives.
Key Findings
- The monetary policy maintained stable interest rates on BRH bonds during the first quarter of fiscal year 2013-2014.
- Real interest rates became less negative due to declining inflation.
- The balance of payments improved compared to 2012-2013 but remained in deficit.
- Net foreign exchange reserves decreased by $85 million USD due to government spending.
- The monetary base decreased by 3% in December compared to September 2013.
Full Description
This document analyzes recent developments in the Haitian economy, focusing on monetary policy. It presents the framework of monetary policy and its connection to different sectors of the economy and the monetary sphere. The objective is to inform the public about the direction of monetary policy, account for the latest decisions taken by the authorities, and outline short-term perspectives for the national economy. The note covers the first quarter of fiscal year 2013-2014.
How to cite
Bank of the Republic of Haiti (BRH), 2014, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/2018/08/note_polmon1t14.pdf