BRH Monetary Policy Note
Summary: This report analyzes recent economic developments in Haiti, focusing on monetary policy. It provides insights into the monetary policy framework, its connection to various economic sectors, and the central bank's policy orientation, recent decisions, and short-term economic outlook.
Key Findings
- The Haitian economy experienced a slowdown in economic activity linked to a difficult socio-political situation and underperformance of the agricultural sector.
- Inflation accelerated on an annual basis, although inflationary pressures decreased in monthly variation.
- The exchange rate increased at the end of November 2015, reaching 56.13 gourdes per US dollar.
- The Central Bank decided to maintain monetary tightening, keeping interest rates on BRH bonds unchanged.
- The banking system remained healthy, performing, and well-capitalized.
Full Description
This 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 report aims to inform the public about the monetary policy orientation, account for recent decisions by authorities, and outline short-term prospects for the national economy. It covers the international economic context, domestic economic conditions, monetary policy decisions during the first quarter of 2016, and future perspectives.
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_polmon4t16.pdf