BRH Monetary Policy Note
Summary: This note analyzes recent developments in the Haitian economy, focusing on monetary policy. It presents the monetary policy framework, its link to different sectors of the economy, and aims to inform the public on the direction of monetary policy, account for recent decisions by authorities, and outline short-term prospects for the national economy.
Key Findings
- The monetary policy maintained unchanged interest rates on BRH bonds during the first quarter of fiscal year 2013-2014.
- The balance of payments improved compared to 2012-2013, but remains in deficit.
- The BRH's net foreign exchange reserves decreased by $85 million USD compared to September 2013.
- The inflation rate continued its downward trend, reaching 3.4% in November 2013.
- The gourde depreciated slightly against the US dollar in December 2013.
Full Description
This document analyzes recent developments observed in the Haitian economy, emphasizing monetary policy. It presents the framework of monetary policy, which allows linking the different sectors of the economy and the monetary sphere. Its objective is to inform the public about the direction of monetary policy, report on the latest decisions taken by the authorities, and identify short-term prospects for the national economy. The note covers the economic environment, policy decisions, and outlook.
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_polmon3t14.pdf