BRH Monetary Policy Note
- Global economic growth was moderate with disparities across countries.
- Domestic economic activity was significantly impacted by socio-political instability.
- Inflationary pressures intensified despite a stable exchange rate.
- The BRH maintained its monetary policy stance, sterilizing excess liquidity.
- The financial system showed resilience, with the BRH intervening in the foreign exchange market.
This Monetary Policy Note from the BRH examines the global and domestic economic environment during the first quarter of fiscal year 2024-2025. Globally, growth was moderate with disparities across countries. Domestically, persistent socio-political instability significantly impacted economic activity, limiting trade and movement. Despite a stable exchange rate and favorable public finances, inflationary pressures intensified. The BRH maintained its monetary policy stance, sterilizing excess liquidity and keeping key rates unchanged, while also intervening in the foreign exchange market to stabilize the gourde.
How to cite
Bank of the Republic of Haiti (BRH), 2025, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/Note-sur-la-Politique-Monetaire-troisieme-trimestre-de-lexercice-fiscal-2024-2025-avril-juin-2025-version-web.pdf