iciHaiti - NOTICE : BRH intervention on the foreign exchange market

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iciHaiti - NOTICE : BRH intervention on the foreign exchange market
16/07/2019 09:39:09

After the injections of 40 million dollars on the foreign exchange market last June (4 June, 25 million and 6 June 15 million) to try to stabilize the exchange rate in the local market hhttps://www.haitilibre.com/en/news-27895-haiti-flash-brh-announces-measures-to-reduce-the-pressure-on-the-dollar.html , Jean Baden Dubois, Governor of the Bank of the Republic of Haiti (BRH) announces that the Central Bank will intervene on the foreign exchange market on Tuesday, July 16, 2019 up to ten million US dollars.

NOTICE :
"The Bank of the Republic of Haiti (BRH) informs commercial banks, savings and housing banks and authorized brokers that it will intervene on the foreign exchange market with the sale of ten million 00/100 USD ($ 10,000,000.00) on Tuesday, July 16th, 2019.

Jean Baden Dubois"

Note that the reference exchange rate was fixed Tuesday, July 16 at 93.1077 Gourdes for 1 US dollar and the average acquisition rate was 94 Gourdes...

IH/ iciHaiti