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
Mar   4.4 26.8
Apr   0.7 20.9
May   0.5 18.6
Jun   0.2 16.2
Jul   0.1 13.0
Aug   0.3 11.1
Sep   0.9 10.5
Oct   0.6 10.1
Nov*)   0.2 9.7

*) Preliminary figures

 

 

Weighted Average RatesJanuary 17 - 15:00h (Transfers)

Currency Buying Selling
USD 34.850 35.352
EUR 35.754 36.337
GBP 42.495 43.328
ANG 19.148 19.524
AWG 19.361 19.741
BRL 5.741 5.853
TTD 5.143 5.244
BBD 17.180 17.516
XCD 12.907 13.160
GYD PER 100 16.560 16.884
CNY 4.755 4.848

Weighted Average RatesJanuary 17 - 15:00h (Banknotes)

Currency Buying Selling
USD 34.860 35.352
EUR 35.522 35.746
GBP 42.507 43.349
ANG 19.154 19.533
AWG 19.367 19.750
BRL 5.742 5.856
TTD 5.145 5.246
BBD 17.185 17.525
XCD 12.911 13.167
GYD PER 100 16.565 16.892
CNY 4.756 4.851

Gold CertificatesJanuary 17

Coupon SRD
5 gram 30.875,53
10 gram 61.751,06
50 gram 308.755,31
100 gram 617.510,62
500 gram 3.087.553,10
1000 gram 6.175.106,21
Gold LBMA USD 2.716,50 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD250115-1W 2025-01-15 12,9
CBTD250108-1W 2025-01-08 15,0
CBTD250102-1W 2025-01-02 11,9
CBTD241231-1D 2024-12-31 10,0

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD250115-1W 2025-01-15 15,5
CBTD250108-1W 2025-01-08 18,0
CBTD250102-1W 2025-01-02 14,3
CBTD241227-1W 2024-12-27 18,0
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
Apr   0.7 20.9
May   0.5 18.6
Jun   0.2 16.2
Jul   0.1 13.0
Aug   0.3 11.1
Sep   0.9 10.5
Oct   0.6 10.1
Nov*)   0.2 9.7

*) Preliminary figures