Foreign Exchange Market Indicators and Outstanding BRH Bonds, Week of July 13 to 17, 2020

Foreign Exchange Market Indicators and Outstanding BRH Bonds, Week of July 13 to 17, 2020

Bank of the Republic of Haiti (BRH) • 2020-07 • 8 pages
Summary: Weekly BRH note for July 13 to 17, 2020 with commercial bank purchases and sales of dollars by bank, average rates, spreads and estimated exchange gains, and the stock of BRH bonds.
Key Findings
Full Description

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 43 301 443,55 at a weighted average rate of 117,5204 gourdes per dollar and sold USD 42 468 023,65 at an average rate of 118,7961 over the week. The outstanding stock of BRH bonds, by intermediary and by sector, totals HTG 4 448 043 124,48. The note defines the average purchase and sale rates, the spread and the estimated exchange gain, and it is issued by the International Affairs Directorate (DAI) of the BRH.

Sectors
Geography
Time Coverage
2020-07-13 to 2020-07-17

How to cite

Bank of the Republic of Haiti (BRH), Foreign Exchange Market Indicators and Outstanding BRH Bonds, Week of July 13 to 17, 2020, https://www.brh.ht/wp-content/uploads/Marché-des-changes-Obligations-BRH-Indicateurs-6-au-17-juillet-2020-1.pdf

Rights holder
Banque de la République d'Haïti (BRH)