From March 22nd till 24th the Central Bank and the Ministry of Finance were present at the second edition of Suriname’s Business Fair.

The Central Bank aims for a more accessible image towards the public and strives to educate society on several macro economic and financial issues. The Business Fair provided an excellent stage to inform the business population of Suriname on the recent activities of the Central Bank and the Ministry of Finance relating to the business environment.

The topics that were presented into detail were:

  1. The Sovereign Wealth Fund
  2. Sovereign Bonds
  3. Credits for Small and Medium Enterprises


Moreover a senior advisor to the Central Bank and the Ministry of Finance was the first keynote speaker at the Business Forum side event. In a presentation called “macro economic stability and investments” the audience was given an overview of the macro economic situation, the upcoming reforms and the incentives to improve the investment climate for entrepreneurs. In an interactive session after the presentation an expert panel of both the Central Bank and the Ministry of Finance answered questions from the audience.

Click here for the presentation



At the booth of the Central Bank and the Ministry of Finance visitors could ask about the three main topics and collect an information package. Employees of both institutes were present to answer all economy or finance related questions. The set up was friendly with as a central message “you could ask me all about it”.

Exchange RatesMarch 09th and until further notice

Currency Buying Selling
USD 14,018 14,290
EUR 16,628 16,959
GBP 19,396 19,782
ANG 7,699 7,852
AWG 7,784 7,939
BRL 2,438 2,485
TTD 2,063 2,103
BBD 6,907 7,044
XCD 5,190 5,293
PER 100 GYD 6,657 6,790

Gold CertificatesMarch 09th and until further notice

Coupon SRD
5 gram 7.814,97
10 gram 15.629,94
50 gram 78.149,69
100 gram 156.299,39
500 gram 781.496,94
1000 gram 1562993,88
Gold LME: USD 1.701,00 /tr.oz.

Inflation

    Average End-of-period
2022   52.4 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb   3.2 57.9
Mar   3.2 59.6
Apr   5.7 65.4
May   2.4 65.0
Jun   2.3 54.6
Jul   3.0 56.6
Aug   2.0 53.5
Sep   1.5 50.8
Oct   1.0 42.9
Nov   0.6 38.7
Dec   0.1 32.6
       
2024   Month-to-month Year-to-year
Jan   0.9 29.0
Feb   0.4 25.4
Mar*   4.4 26.8

*) Preliminary figures

 

 

Weighted Average RatesMay 03 - 15:00h (Transfers)

Currency Buying Selling
USD 32.806 33.598
EUR 34.881 35.629
GBP 41.189 41.996
ANG 18.025 18.379
AWG 18.226 18.583
BRL 6.418 6.544
TTD 4.840 4.934
BBD 16.172 16.489
XCD 12.150 12.389
GYD PER 100 15.589 15.894
CNY 4.531 4.619

Weighted Average RatesMay 03 - 15:00h (Banknotes)

Currency Buying Selling
USD 30.055 30.780
EUR 31.233 31.836
GBP 37.735 38.482
ANG 16.514 16.841
AWG 16.697 17.028
BRL 5.880 5.997
TTD 4.434 4.522
BBD 14.816 15.109
XCD 11.131 11.352
GYD PER 100 14.281 14.564
CNY 4.151 4.233

Gold CertificatesMay 03

Coupon SRD
5 gram 24.724,16
10 gram 49.448,31
50 gram 247.241,57
100 gram 494.483,14
500 gram 2.472.415,72
1000 gram 4.944.831,44
Gold LBMA USD 2.288,85 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD240502-1W 2024-05-02 30,0
CBTD240424-1W 2024-04-24 34,6
CBTD240417-1W 2024-04-17 34,3
CBTD240411-1W 2024-04-11 34,0

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD240502-1W 2024-05-02 36,0
CBTD240424-1W 2024-04-24 41,5
CBTD240417-1W 2024-04-17 41,2
CBTD240411-1W 2024-04-11 40,8
Balance sheet

Inflation

    Average End-of-period
2022   52.4 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb   3.2 57.9
Mar   3.2 59.6
Apr   5.7 65.4
May   2.4 65.0
Jun   2.3 54.6
Jul   3.0 56.6
Aug   2.0 53.5
Sep   1.5 50.8
Oct   1.0 42.9
Nov   0.6 38.7
Dec   0.1 32.6
       
2024   Month-to-month Year-to-year
Jan   0.9 29.0
Feb   0.4 25.4
Mar*   4.4 26.8

*) Preliminary figures