iciHaiti - Education : Minister's visit to State Examination Processing and Correction Centers

iciHaiti - Social : 13 Haitians participate in the Young Ambassadors program

iciHaiti - Social : Since the beginning of the riots, more than 5,000 Haitians have sought to flee in DR

iciHaiti - Culture : Canadian and Haitian graffiti artists create a mural, front the Best Western Hotel

iciHaiti - Theater : The Haitian writer «Jean d’Amérique» finalist of the «RFI Theater Prize»


more news


Haiti - Cholera : 60 organizations call on the UN to keep its promises to Haiti

Haiti - NOTICE : Denial of the EDH

Haiti - Religion : Pope Francis names Mgr. Launay Saturné archbishop of Cap-Haïtien

Haiti - DR : Drop in binational trade

Haiti - Gonaïves : Escape foiled, several seriously injured


more news


Haiti - Economy : Economic Situation in Haiti in the 3rd Quarter 2017
07/08/2017 07:47:55

Haiti - Economy : Economic Situation in Haiti in the 3rd Quarter 2017
In its latest notes on the monetary policy, the Bank of the Republic of Haiti (BRH) explains in brief that in the third quarter of fiscal year 2016-2017, monetary policy implemented by the BRH was marked primarily by the stability of key rates, and the increased intervention of the Central Bank in the foreign exchange market.

This policy was conducted in a national economic environment characterized by the rising of prices of the petroleum products at the pump and the rate of public transport. These upward adjustments contributed to the increase in inflationary pressures recorded at the end of the quarter. At the current account level, there was an exceptional increase in private non-exchange transfers from abroad.

For its part, the financial situation of the State was marked by a decline in the monetary financing of the budget deficit. The data available on the banking system for the month of April 2017 show an improvement in its profitability, the maintenance of asset quality and the strengthening of deposits as the main source of financing.

Internationally, the continued improvement in economic growth and the employment situation in the United States led the Federal Reserve to raise its key rates again, while the European Central Bank maintained a accommodative monetary policy.

In the Dominican Republic, in response to the rise in inflation, the monetary authorities have chosen to raise key rates.

On the international commodity markets, oil prices fell, while food prices were up after three consecutive months of decline.

HL/ HaitiLibre

Twitter Facebook Rss
Send news to... Daily news...




Why HaitiLibre ? | Contact us | Français
Copyright © 2010 - 2018
Haitilibre.com