iciHaiti - Economy : The BRH announces a drop in interest rates
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.
