BRH Monetary Policy Note
Summary: This note analyzes recent economic developments in Haiti, focusing on monetary policy. It presents the monetary policy framework and its connection to various economic sectors, aiming to inform the public about policy orientation and provide short-term economic perspectives.
Key Findings
- The first trimester of fiscal year 2014-2015 saw a rise in inflation and tensions in the exchange market.
- The Central Bank tightened monetary conditions by raising interest rates and increasing BRH bond offerings.
- The monetary base decreased by 1.65% due to a decline in net external assets.
- The exchange rate recorded a relatively high positive variation, depreciating by 2.6%.
- The banking system remains sound and solid despite challenges.
Full Description
The Monetary Policy Note analyzes recent developments in the Haitian economy, emphasizing monetary policy as a key component of economic policy. It outlines the monetary policy framework, linking different economic sectors with the monetary sphere. The note aims to inform the public about the direction of monetary policy, report on recent decisions by authorities, and provide short-term perspectives for the national economy. The first trimester of the 2014-2015 fiscal year was characterized by a rise in inflation and tensions in the exchange market.
How to cite
Bank of the Republic of Haiti (BRH), 2015, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/2018/08/note_polmon1t15.pdf