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 direction and provide insights into short-term economic perspectives.
Key Findings
- The first trimester of fiscal year 2014-2015 was marked by a resurgence of inflation and strong pressures on the exchange market.
- 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 interventions in the foreign exchange market.
- The exchange rate experienced a relatively high positive variation, depreciating by 2.6% during the trimester.
- The banking system remains healthy and solid despite challenges.
Full Description
This Monetary Policy Note analyzes recent developments in the Haitian economy, emphasizing monetary policy as a key component of economic policy. It presents the framework of monetary policy, linking different sectors of the economy and the monetary sphere. The note aims to inform the public about the direction of monetary policy, report on recent decisions made by authorities, and outline short-term perspectives for the national economy. It covers the first trimester of fiscal year 2014-2015.
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_polmon3t15.pdf