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iciHaiti - Economy : The BRH announces a drop in interest rates
12/06/2016 09:17:00
A statement, bearing the signature of Jean Baden Dubois, the Governor of the Bank of the Republic of Haiti (BRH), informs that the Central Bank has lowered by 2% its interest rate.
For BRH bonds, rates on maturities of 91 days (16%), 28 days (12%) and 7 days (10%) are now 14%, 10% and 8%.
"The current relative stability of the exchange rate allows the BRH to lower rates, allowing commercial banks to have more facility to provide loans," stressed the Governor of the BRH.
IH/ iciHaiti
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