BRH Monetary Policy Note
Summary: This note analyzes recent economic developments in Haiti, focusing on monetary policy. It presents the monetary policy framework, its link to different economic sectors, and aims to inform the public about the direction of monetary policy, recent decisions by authorities, and short-term perspectives for the national economy.
Key Findings
- The first quarter of fiscal year 2014-2015 saw rising inflation and foreign exchange market tensions.
- The Central Bank tightened monetary conditions by raising key interest rates and increasing BRH bond issuance.
- The monetary base decreased by 1.65% due to a decline in net foreign assets.
- The exchange rate depreciated by 2.6% during the quarter.
- The banking system remains sound despite a slight deterioration in portfolio quality.
Full Description
The Monetary Policy Note analyzes recent developments in the Haitian economy, emphasizing monetary policy. It presents the monetary policy framework, linking different economic sectors and the monetary sphere. The objective is to inform the public about the direction of monetary policy, report on recent decisions by authorities, and outline short-term perspectives for the national economy. The first quarter of fiscal year 2014-2015 was marked by a rise in inflation and strong tensions in the foreign 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_polmon4t15f.pdf