The 38th annual Meeting of the Islamic Development Bank Group Dushanbe, Republic of Tajikistan, May 20th 2013.

Click here for the presentation

On February 7th and 8th the new Competitive Unit Suriname hosted a two-day forum to start general awareness on the need for a competitive mindset.

The last International Competitive Index leaves much room for improvement for our country. The Government of Suriname dedicated itself towards supporting a competitive business climate. This kick-of seminar on competitiveness needs to be the catalyst for a more aware business environment.

Governor Gillmore Hoefdraad presented at January 24th 2013 a keynote speech on stability, risk and Suriname’s outlook for the local Chamber of Commerce.

The Governor explained why reforms are necessary to overcome challenges as amongst others high dependence on price volatility for gold and oil, outdated laws and regulation, a limited debt-tolerance due to high external risks. Moreover, the Governor introduced the upcoming Sovereign Wealth Fund, the Government’s participation in gold extraction and the issuing of bonds to raise capital for investments in both gold extraction and the expansion of oil production.

Also the role of the private sector and opportunities for private-public partnerships were addressed.
Click here for the Presentation

Governor Gillmore Hoefdraad (February 2013)

Click here for the speech

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

*) Preliminary figures

 

 

Weighted Average RatesDecember 08 - 15:00h (Transfers)

Currency Buying Selling
USD 37.639 37.784
EUR 40.079 40.092
GBP 47.338 48.265
ANG 20.681 21.086
AWG 20.911 21.320
BRL 7.663 7.813
TTD 5.536 5.644
BBD 18.554 18.918
XCD 13.940 14.214
PER 100 GYD 17.885 18.236
CNY 5.256 5.359

Weighted Average RatesDecember 08 - 15:00h (Banknotes)

Currency Buying Selling
USD 37.021 37.428
EUR 38.457 38.902
GBP 46.560 47.482
ANG 20.341 20.744
AWG 20.567 20.974
BRL 7.537 7.687
TTD 5.445 5.553
BBD 18.250 18.611
XCD 13.711 13.983
PER 100 GYD 17.591 17.940
CNY 5.169 5.272

Gold CertificatesDecember 08

Coupon SRD
5 gram 24.622,43
10 gram 49.244,87
50 gram 246.224,35
100 gram 492.448,69
500 gram 2.462.243,46
1000 gram 4.924.486,93
Gold LBMA USD 2.026,90 / tr.oz

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD231206-1W 2023-12-06 16,6
CBTD231129-1W 2023-11-29 20,0
CBTD231122-1W 2023-11-22 23,7
CBTD231115-1W 2023-11-15 20,0

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD231206-1W 2023-12-06 19,9
CBTD231129-1W 2023-11-29 24,0
CBTD231122-1W 2023-11-22 28,4
CBTD231115-1W 2023-11-15 24,0
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

*) Preliminary figures