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

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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reforms are necessary to overcome challenges as amongst others high dependence on price volatility for gold and oil, outdated laws and regulation, a limited debt-tolerance due to high external risks.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.
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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
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

*) Preliminary figures

 

 

Weighted Average RatesMay 24 - 15:00h (Transfers)

Currency Buying Selling
USD 32.178 32.344
EUR 34.392 34.964
GBP 40.920 41.722
ANG 17.680 18.027
AWG 17.877 18.227
BRL 6.260 6.383
TTD 4.761 4.854
BBD 15.862 16.173
XCD 11.918 12.151
GYD PER 100 15.290 15.590
CNY 4.442 4.529

Weighted Average RatesMay 24 - 15:00h (Banknotes)

Currency Buying Selling
USD 31.668 32.015
EUR 33.452 33.968
GBP 40.272 41.069
ANG 17.400 17.745
AWG 17.593 17.942
BRL 6.161 6.283
TTD 4.685 4.778
BBD 15.611 15.920
XCD 11.729 11.961
GYD PER 100 15.048 15.346
CNY 4.372 4.458

Gold CertificatesMay 24

Coupon SRD
5 gram 24.513,68
10 gram 49.027,36
50 gram 245.136,81
100 gram 490.273,62
500 gram 2.451.368,12
1000 gram 4.902.736,25
Gold LBMA USD 2.357,35 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD240522-1W 2024-05-22 20,0
CBTD240515-1W 2024-05-15 23,3
CBTD240508-1W 2024-05-08 24,9
CBTD240502-1W 2024-05-02 30,0

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD240522-1W 2024-05-22 24,0
CBTD240515-1W 2024-05-15 28,0
CBTD240508-1W 2024-05-08 29,9
CBTD240502-1W 2024-05-02 36,0
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

*) Preliminary figures