Sound Policies and Institutions towards Economic Diversification and Growth Keynote address by Mr. Gillmore Hoefdraad at the 2nd Competitiveness Forum Suriname (March 11, 2015)

Governor Gillmore Hoefdraad (March 11, 2015)

Click here for the speech.

Interview Governor Hoefdraad in The Washington Times “Managing economic growth through financial stability” (September 26, 2014)

Click here for the interview

The Governor’s views (March 25, 2013)

Stabilization
"The Central Bank of Suriname places a very high emphasis on stabilizing the economy, the exchange rate, boosting reserves, raising industrial production, increasing exports, stabilizing exports and balancing the overall economy.

“There has been a boom in our commodity prices, but, as I always say, there is no luck without macroeconomic policies.”

Annual meeting of the Board of Governors of Inter-American Development Bank (March 29, 2014)

Gillmore Hoefdraad (March 29, 2014)

Click here for the written statement 

Highlights 2012 and Outlook 2013 (December 28, 2012)

Governor Gillmore Hoefdraad (December 28, 2012)
Click here for the speech

  1. Suriname Macroeconomic outlook and investment opportunities (May 20, 2013)
  2. More competitive companies through more accessible financing for Small and Medium Entrepreneurs (March 25, 2013)
  3. Suriname today and its small and medium enterprises (February 2013)
  4. Stability, risk and outlook (January 24, 2013)

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

*) Preliminary figures

 

 

Weighted Average RatesApril 18 - 15:00h (Transfers)

Currency Buying Selling
USD 34.351 34.704
EUR 36.399 37.096
GBP 42.840 43.680
ANG 18.874 19.244
AWG 19.084 19.458
BRL 6.554 6.682
TTD 5.078 5.177
BBD 16.934 17.266
XCD 12.723 12.972
GYD PER 100 16.323 16.643
CNY 4.746 4.839

Weighted Average RatesApril 18 - 15:00h (Banknotes)

Currency Buying Selling
USD 33.761 34.374
EUR 34.885 35.457
GBP 42.105 42.938
ANG 18.550 18.917
AWG 18.756 19.127
BRL 6.441 6.569
TTD 4.991 5.089
BBD 16.643 16.972
XCD 12.504 12.752
GYD PER 100 16.042 16.360
CNY 4.664 4.757

Gold CertificatesApril 18

Coupon SRD
5 gram 26.670,54
10 gram 53.341,08
50 gram 266.705,38
100 gram 533.410,75
500 gram 2.667.053,75
1000 gram 5.334.107,51
Gold LBMA USD 2.390,35 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD240417-1W 2024-04-17 34,3
CBTD240411-1W 2024-04-11 34,0
CBTD240403-1W 2024-04-03 37,8
CBTD240327-1W 2024-03-27 37,2

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD240417-1W 2024-04-17 41,2
CBTD240411-1W 2024-04-11 40,8
CBTD240403-1W 2024-04-03 45,4
CBTD240327-1W 2024-03-27 44,6
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

*) Preliminary figures