BRH Monetary Policy Note
Summary: This note analyzes recent developments in the Haitian economy, focusing on monetary policy. It aims to inform the public about the direction of monetary policy, report on recent decisions by authorities, and outline short-term economic perspectives.
Key Findings
- The Haitian economy experienced a slowdown in economic activity linked to socio-political difficulties and underperformance of the agricultural sector.
- Inflation accelerated in annual terms, although monthly inflationary pressures decreased.
- The exchange rate increased at the end of November 2015, reaching 56.13 gourdes per US dollar.
- International reserves totaled nearly $800 million USD in December 2015.
- The Central Bank decided to maintain monetary tightening, keeping interest rates unchanged.
Full Description
This Monetary Policy Note analyzes recent developments observed in the Haitian economy, emphasizing monetary policy. It presents the framework of monetary policy, linking different sectors of the economy and the monetary sphere. The objective is 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. The analysis covers the first quarter of fiscal year 2016, examining the international economic context, domestic economic conditions, and monetary policy decisions.
How to cite
Bank of the Republic of Haiti (BRH), 2016, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/2018/08/note_polmon1t16.pdf