Foreign Exchange Market Indicators and Outstanding BRH Bonds, Week of June 15 to 19, 2020

The note belongs to a regular series in which the BRH publishes key indicators on foreign exchange market transactions and BRH bonds. The BRH states that it wants to reduce information asymmetry, which it says feeds the public's impatience for dollars and the accelerated depreciation of the gourde, and to give the public a basis for better portfolio choices.

Commercial banks bought USD 38,867,772.51 at a weighted average rate of 113.85 gourdes per dollar and sold USD 37,929,702.74 at an average rate of 115.98 over the week. The note also gives the preceding week (May 25 to 29, 2020). The note also gives the preceding week (June 8 to 12, 2020). The outstanding stock of BRH bonds, by intermediary and by sector, totals HTG 2,447,654,988.54. The note defines the average purchase and sale rates, the spread and the estimated exchange gain, and it is issued by the BRH.