Sunday, April 14, 2019 ((rezonodwes.com)) – During a few weeks, the lull in activity following the “Pays Lock” episode gave a brief respite to the economic actors who are obliged to obtain the precious American currency on the Haitian exchange market.
But, in recent days, the trend has begun to reverse, with a recovery in value of the dollar on the national currency, the gourd.
81 gourdes in mid-February, the dollar has passed the threshold of 85 gourdes, bringing new concerns to the monetary authorities who had, once again, promised to stabilize the market, by easing tensions, in order to avoidance of any impact on product prices.
In addition, the Central Bank of Haiti reported a change in the money supply, mainly due to a rise in deposits in dollars of the banking system, or growth in February of 2.39% of M3 compared to December 2018 and a growth rate of deposits of 5.81%, in March 2019.
The Central Bank also displays fears of negative expectations from economic players because of the uncertainties still affecting the business climate following the events of February and the expectation of ratification of a new government.
“Similarly, the uncertainties linked to the setting of the minimum wage could affect activity and investment, particularly in the sector of export-oriented outsourcing,” said BRH in its 19459005 ] Monetary Policy Note – 2nd quarter of fiscal year 2019 .