WP/19/01 - Towards Financial Inclusion: An Assessment for Suriname

Author(s): Nancy Fraser, Cherique MacDonald & Gavin Ooft

 

WP/18/04 - Modelling and Forecasting Inflation for the Economy of Suriname

Author(s): Gavin Ooft

 

WP/18/03 - A Monthly Economic Activity Index System for Suriname   

Author(s): Sailesh Bhaghoe

 

WP/18/02 - The Impact of Value Added Tax on Economic Growth - Can Suriname draw a Lesson from Value Added Tax in the Caribbean?

Author(s): Albert W. Mungroo

 

WP/18/01 - Financial Resource Curse:  the Role of Commodity Price Shocks in Suriname

Author(s): Jennilee Brunings, Xanegay Huur, Peggy Tjon Kie Sim-Balker

 

WP/17/01 - Strategic Assets Allocation for the Saving and Stabilization Fund of Suriname (SSFS)

Author(s): D. Wondel

 

WP/16/03 - Inflation and Economic Activity in Suriname

Author(s): Gavin Ooft

 

WP/16/02 - The Impact of the Foreign Exchange Market and Exchange Rate Policy on the Trade Balance in Suriname 1971-2012

Author(s): Janice Narain

 

WP/16/01 - Determining a Debt Threshold for Suriname - Is there an Optimal Level?

Author(s): Peggy Tjon Kie Sim-Balker & Albert Mungroo

 

WP/14/04 - Financial Development in Suriname and its Relationship with Economic Growth

Author(s): Nancy Ong-A-Kwie-Jurgens & Daniel Boamah

 

WP/14/02 - Twin Deficits in Suriname: An Empirical Analysis

Author(s): Peggy Tjon Kie Sim-Balker Albert Mungroo, Natalie Piqué-Lont & Gavin Ooft

 

WP/14/01 - Measuring the impact of Suriname’s Monetary Policy on the Business Cycle: 1970-2012

Author(s): Nancy Ong a Kwie & Ansjela-Devi Bhagwandin

  

WP/13/04 - Government Expenditure in Suriname: A stimulus or impediment to growth

Author(s): Albert Mungroo, Gavin Ooft & Peggy Tjon Kie Sim-Balker

 

WP/13/03 - Human Capital Development & Economic Growth in Suriname

Author(s): Gavin Ooft & Karel Eckhorst

 

WP/13/02 - The Feasibility of Open Market Operations in Suriname: The pass-through of the policy interest rate

Author(s): Nancy Ong a Kwie & Natalie Pique

 

WP/13/01 - Towards an Inflation Targeting Framework for Suriname

Author(s): Nancy Fraser & Ansjela-Devi Bhagwandin

 

WP/12/04 - The International Investment Position of Suriname

Author(s): Rosminie Warsosemito

 

WP/12/03 - The money demand function in Suriname

Author(s): Sanjay Gaurisankar & Nancy Ong A Kwie-Jurgens

 

WP/12/02 - Tourism and Agricultural intersectoral linkages in Suriname 1980-2010

Author(s): Karel Eckhorst & Daniëlla Wondel

 

WP/12/01 - Coping with Financial Dollarization in Suriname

Author(s): Rakesh Adhin

 

WP/11/01 - Short-Run and Long-Run Relationship between Money and Prices: The Case of Suriname

Author(s): Sanjay Gaurisankar with Saira Jahangir-Abdoelrahman, Karel Eckhorst, Wendy Amatali-Sisal, Rosminie Warsosemito, Daniëlla Wondel

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
2013   1.9 0.6
2014   3.4 3.9
2015   6.9 25.1
2016   55.5 52.4
2017   22.0  9.2 
2018   6.8# 5.4 
2019   4.4#  4.2 
2020   34.9 60.8
2021   59.1  60.7 
2022   52.4 54.6
       
2022   Month-to-month Year-to-year
Jan   3.1 61.5
Feb   1.7 62.1
Mar   2.2 62.2
Apr   1.9 59.8
May   2.7 57.5
Jun   9.1 55.1
Jul   1.7 49.2
Aug   4.0 39.1
Sep   3.3 41.9
Oct   6.5 49.0
Nov   3.7 49.5
Dec   4.7 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb*   3.3 57.9

*) Preliminary figures

# 10-months inflation (Computations without data for May and June)

 

Weighted Average RatesMarch 30 - 15:00h (Transfers)

Currency Buying Selling
USD 35.795 36.021
EUR 38.051 38.925
GBP 44.198 45.064
ANG 19.668 20.053
AWG 19.886 20.276
BRL 7.017 7.155
TTD 5.288 5.392
BBD 17.645 17.991
XCD 13.257 13.517
PER 100 GYD 17.009 17.342
CNY 5.203 5.305

Weighted Average RatesMarch 30 - 15:00h (Banknotes)

Currency Buying Selling
USD 35.898 36.271
EUR 37.553 37.981
GBP 44.325 45.202
ANG 19.724 20.115
AWG 19.943 20.338
BRL 7.037 7.177
TTD 5.303 5.408
BBD 17.696 18.047
XCD 13.296 13.559
PER 100 GYD 17.058 17.395
CNY 5.218 5.321

Gold CertificatesMarch 30

Coupon SRD
5 gram 22.756,69
10 gram 45.513,38
50 gram 227.566,88
100 gram 455.133,76
500 gram 2.275.668,82
1000 gram 4.551.337,63
Gold LBMA USD 1.965,00 / tr.oz

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD230329-1W 2023-03-29 29,2
CBTD230222-1W 2023-03-22 25,1
CBTD230315-1W 2023-03-15 27,7
CBTD230308-1W 2023-03-08 26,8

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD230329-1W 2023-03-29 35,0
CBTD230222-1W 2023-03-22 30,1
CBTD230315-1W 2023-03-15 33,2
CBTD230308-1W 2023-03-08 32,2
Balance sheet

Inflation

    Average End-of-period
2013   1.9 0.6
2014   3.4 3.9
2015   6.9 25.1
2016   55.5 52.4
2017   22.0  9.2 
2018   6.8# 5.4 
2019   4.4#  4.2 
2020   34.9 60.8
2021   59.1  60.7 
2022   52.4 54.6
       
2022   Month-to-month Year-to-year
Jan   3.1 61.5
Feb   1.7 62.1
Mar   2.2 62.2
Apr   1.9 59.8
May   2.7 57.5
Jun   9.1 55.1
Jul   1.7 49.2
Aug   4.0 39.1
Sep   3.3 41.9
Oct   6.5 49.0
Nov   3.7 49.5
Dec   4.7 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb*   3.3 57.9

*) Preliminary figures

# 10-months inflation (Computations without data for May and June)