Foreign Exchange Market Indicators and Outstanding BRH Bonds, Week of August 24 to 28, 2020

Foreign Exchange Market Indicators and Outstanding BRH Bonds, Week of August 24 to 28, 2020

Bank of the Republic of Haiti (BRH) • 2020-08 • 8 pages
Summary: Weekly BRH note for August 24 to 28, 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 56 666 805,03 at a weighted average rate of 118,2280 gourdes per dollar and sold USD 56 326 457,68 over the week. The outstanding stock of BRH bonds, by intermediary and by sector, totals HTG 3 881 160 034,91. 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
2020-08-24 to 2020-08-28

How to cite

Bank of the Republic of Haiti (BRH), Foreign Exchange Market Indicators and Outstanding BRH Bonds, Week of August 24 to 28, 2020, https://www.brh.ht/wp-content/uploads/Marché-des-changes-Obligations-BRH-Indicateurs-_12-24-au-28-août-2020.pdf

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