As part of the measures to improve the supply of foreign exchange on the local exchange market, Jean Baden Dubois, the Governor of the Bank of the Republic of Haiti (BRH), informs the public in general that it will inject 30 million US dollars on the foreign exchange market, including 20 million on Tuesday, May 29 and Friday, June 1, 2018.

The following week, Tuesday, June 5, 2018 another $ 10 million will be injected into the market. The terms of these transactions will be communicated to the various banks and accredited brokers.

With $ 100 million of availability until the end of the current fiscal year (October 1, 2018), the BRH is likely to curb the speculation on the dollar and the gradual devaluation of the Gourdes since the announcement of transactions exclusively in Gourde on the national territory https://www.haitilibre.com/en/news-23720-haiti-economy-transactions-in-gourdes-the-economic-forum-writes-to-the-minister-of-commerce.html

This injection confirms whether it is necessary, that the efforts of the BRH of "de-polarization" of the Haitian economy have not yet visible effect on the dollar demand, essential currency to import goods and services and safe haven currency for many savers and economic players.

See also :

https://www.haitilibre.com/en/news-23720-haiti-economy-transactions-in-gourdes-the-economic-forum-writes-to-the-minister-of-commerce.html

https://www.haitilibre.com/en/news-23701-haiti-politic-obligation-to-carry-out-all-commercial-transactions-in-gourdes.html

HL/ S/ HaitiLibre