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Papers - Research
| Working papers | ||
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Date |
Title |
Author(s) |
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July, 2014 |
Nancy Sonneveld, Gavin Ooft and Janice Narain |
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July, 2014 |
Financial Development in Suriname and its Relationship with Economic Growth |
Nancy Ong A Kwie and Daniel Boamah |
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February, 2014 |
Peggy R.M. Tjon Kie Sim-Balker, Albert W. Mungroo, Natalie Piqué-Lont and Gavin D.M. Ooft |
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December, 2013 |
Government Expenditure in Suriname_A Stimulus or Impediment to Growth_2013 |
Albert W. Mungroo, Gavin D.M. Ooft and Peggy R.M. Tjon Kie Sim-Balker |
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Juli, 2013 |
Human Capital Development and Economic Growth in Suriname_2013 |
Gavin D.M. Ooft and Karel Eckhorst |
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November 7-9, 2012 |
Rosminie Warsosemito |
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November 7-9, 2012 |
Sanjay Gaurisankar and Nancy Ong A Kwie-Jurgens |
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November 7-9, 2012 |
Tourism and Agricultural Intersectoral Linkages in Suriname 1980-2010_ 2012 |
Daniëlla Wondel and Karel Eckhorst |
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November 7-9, 2012 |
Rakesh Adhin |
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| November 15-18, 2011 | Short-Run and Long-Run Relationship between Money and Prices_ The Case of Suriname_2011 | Sanjay Gaurisankar, Saira Jahangir-Abdoelrahaman, Karel Eckhorst, Wendy Amatali-Sisal, Rosmenie Warsosemito, and Daniëlla Wondel |
CBvS Working Papers
| CBvS Working papers | ||
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Date |
Title |
Author(s) |
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WP/12/01 |
Coping with Financial Dollarization in Suriname |
Rakesh Adhin |
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WP/11/01 |
Short-Run and Long-Run Relationship between Money and Prices: The Case of Suriname |
Sanjay Gaurisankar with Saira Jahangir-Abdoelrahman, Karel Eckhorst, Wendy Amatali-Sisal, Rosminie Warsosemito, Daniëlla Wondel |
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Papers - Research
| Working papers | ||
|
Date |
Title |
Author(s) |
|
July, 2014 |
Nancy Sonneveld, Gavin Ooft and Janice Narain |
|
|
July, 2014 |
Financial Development in Suriname and its Relationship with Economic Growth |
Nancy Ong A Kwie and Daniel Boamah |
|
February, 2014 |
Peggy R.M. Tjon Kie Sim-Balker, Albert W. Mungroo, Natalie Piqué-Lont and Gavin D.M. Ooft |
|
|
December, 2013 |
Government Expenditure in Suriname_A Stimulus or Impediment to Growth_2013 |
Albert W. Mungroo, Gavin D.M. Ooft and Peggy R.M. Tjon Kie Sim-Balker |
|
Juli, 2013 |
Human Capital Development and Economic Growth in Suriname_2013 |
Gavin D.M. Ooft and Karel Eckhorst |
|
November 7-9, 2012 |
Rosminie Warsosemito |
|
|
November 7-9, 2012 |
Sanjay Gaurisankar and Nancy Ong A Kwie-Jurgens |
|
|
November 7-9, 2012 |
Tourism and Agricultural Intersectoral Linkages in Suriname 1980-2010_ 2012 |
Daniëlla Wondel and Karel Eckhorst |
|
November 7-9, 2012 |
Rakesh Adhin |
|
| November 15-18, 2011 | Short-Run and Long-Run Relationship between Money and Prices_ The Case of Suriname_2011 | Sanjay Gaurisankar, Saira Jahangir-Abdoelrahaman, Karel Eckhorst, Wendy Amatali-Sisal, Rosmenie Warsosemito, and Daniëlla Wondel |
Condensed Balance sheet of CBvS
Click here for the data in pdf format
Government Expenditure in Suriname_AStimulus or ImpedimenttoGrowth_2013
This paper examines the relationship between government expenditures and economic growth in Suriname from 1971 to 2011. According to the Keynesian theory it is the government's responsibility to stimulate or dampen economic growth within the country by using fiscal policy. For the last decade Suriname has experienced sustained economic growth.
Klik hier voor het document (Engelstalig)
Condensed balance of March 22, 2013
Currency Market Daily Publications
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1 |
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Period: 14/01 – 08/01/2019 |
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2 |
Currency Market |
Date : 2019, January 17
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| 3 |
Exchange Rates CBvS Exchange Rates CBvS and Powisi Gold Certificates |
Date : 2019, January 18 Archive from 2009 to the present |
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4 |
Exchange rates during current week EXCHANGE RATES CBvS |
Period: 01/01 – 18/01/2019 |
Macroeconomic and Financial Data
Macroeconomic and Financial Data 
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| Consumer Price Index | |
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| Depository Corporations Survey | |
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| Central Bank Survey | |
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| Balance of Payments | |
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Macroeconomic and Financial Data: Encouraged Data
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| Production Index | |
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| Producer Price Index | |||
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Demographic and Selected Socio-Economic Indicators
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| Socio-Demographic Indicators |
Payments system
The CBvS operates the national payments system of Suriname. At present, Suriname has no electronic inter-bank payment systems and all clearing and settlement of inter-bank payments (including cheques) is carried out semi-manually. In the near future, the Central Bank wishes to introduce a modern electronic payment system.
Reserve base and reserve requirements of commercial banks
(in millions of Suriname dollars)
Read more: Reserve base and reserve requirements of commercial banks
Condensed Balance sheet of CBvS
Click here for the data in pdf format
Foreign currency transactions volume last weeks
Weekly Turnover Currency Market CBvS
Note: The graphics include banknotes and claims starting 1 January 2002.
Currency Market transactions CBvS (3)
CURRENCY MARKET TRANSACTIONS CBvS
Period 16/07/2018 - 20/07/2018
| US Dollar (USD) | ||||||||
| Banknotes | Average rate | Claims | Average rate | |||||
|
Date |
Bought | Sold | Bought | Sold | Bought | Sold | Bought | Sold |
| 16/07 | 212,761.00 | 421,657.00 | 7.494 | 7.521 | 184,093.93 | 218,518.57 | 7.399 | 7.520 |
| 17/07 | 237,523.88 | 400,957.56 | 7.498 | 7.520 | 2,329,461.52 | 463,028.14 | 7.396 | 7.520 |
| 18/07 | 176,184.70 | 208,904.78 | 7.493 | 7.521 | 663,039.96 | 978,421.15 | 7.476 | 7.520 |
| 19/07 | 268,585.76 | 210,250.75 | 7.498 | 7.521 | 4,120,521.74 | 2,303,028.49 | 7.399 | 7.520 |
| 20/07 | ||||||||
| Tot. | 895,055.34 | 1,241,770.09 | 7,297,117.15 | 3,962,996.35 | ||||
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Reserve base and reserve requirements of commercial banks
Pursuant to this reserve requirement arrangement the Commercial Banks are required to maintain a cash reserve with CBvS in the form of non interest bearing deposits.
The required reserve will be determined as a percentage of the ‘Reserve Base’. Since October 20, 2004 the reserve ratio is set at 30 %.
This reserve ratio may be adjusted based on the experiences gained in the operations of the system. The ‘Reserve Base’ includes all accounts held by the public in Suriname dollars id est: demand deposits, saving deposits, time deposits and other funds held by the public in the Commercial Banks.
Since January 1, 2007 the reserve ratio is reduced from 27% to 25%.
Click here for the pdf
Condensed balance of Nov 02, 2012
Click here for the Condensed balance of Nov 02, 2012
Currency Market transactions CBvS (2)
CURRENCY MARKET TRANSACTIONS CBvS
Period 18/09/2017 -22/09/2017
| US Dollar (USD) | ||||||||
| Banknotes | Average rate | Claims | Average rate | |||||
|
Day |
Bought | Sold | Bought | Sold | Bought | Sold | Bought | Sold |
| 18/09 | 334,740.58 | 375,980.90 | 7.490 | 7.506 | 48,007.88 | 12,421,991.43 | 7.377 | 7.500 |
| 19/09 | 258,059.86 | 460,860.29 | 7.485 | 7.501 | 166,254.88 | 635,318.56 | 7.470 | 7.500 |
| 20/09 | 206,806.11 | 328,310.55 | 7.488 | 7.501 | 605,853.64 | 741,958.02 | 7.451 | 7.500 |
| 21/09 | 218,208.89 | 463.038.62 | 7.488 | 7.501 | 72,470.76 | 502,467,19 | 7.446 | 7.500 |
| 22/09 | 296,323.19 | 353,253.92 | 7.486 | 7.503 | 478,524.97 | 770,132.10 | 7.445 | 7.500 |
| Tot. | 1,314,138.35 | 1,981,444.28 |
1,371,112.13 |
15,071,867.30 | ||||
| EURO (EUR) | ||||||||
| Banknotes | Average rate | Claims | Average rate | |||||
|
Day |
Bought | Sold | Bought | Sold | Bought | Sold | Bought | Sold |
| 18/09 | 549,741.80 | 274,611.49 | 8.892 | 8.953 | 125,522.93 | 108,294.55 | 8.979 | 8.951` |
| 19/09 | 439,729.94 | 170,229.72 | 8.912 | 8.944 | 438,439.97 | 13,540.60 | 8.945 | 8.960 |
| 20/09 | 313,448.88 | 190,609.20 | 8.907 | 8.979 | 143,143.85 | 276,384.85 | 8.891 | 8.961 |
| 21/09 | 442,592.85 | 96,413.00 | 8.841 | 8.964 | 160,539.68 | 77,916.89 | 8.969 | 9.014 |
| 22/09 | 448,692.90 | 222,602.81 | 8.913 | 8.968 | 9,125.87 | 64,130.86 | 8.870 | 9.017 |
| Tot. | 2,194,206.37 | 954,466.22 | 876,705.80 | 540,267.78 | ||||
The information on this page refers to the transactions at commercial banks and cambios during the indicated period.
Exchange rates during one year period
EXCHANGE RATES ( Sep 03, 2012 - Sep 02, 2013)
(SELLING RATES)
Under Construction
Notification
Notification
We hereby inform you that the website will be down for maintenance on Saturday May 31st 2014 from 13:00 to 18:00 hrs.
We apologize for any inconvenience and appreciate your patience.
Foreign currency market volume over last few weeks
CURRENCY MARKET TRANSACTIONS CBvS
Period 29/10/2012 – 02/11/2012
US Dollar (USD) Banknotes Average rate Claims Average rate Day
Bought Sold Bought Sold Bought Sold Bought Sold 29/10 453,756.74 207,436.20 3,328 3,348 1,151,012.22 946,272.70 3,340 3,350 30/10 1,124,479.55 925,500.72 3,339 3,344 720,943.73 532,444.18 3,299 3,350 31/10 929,003.88 754,760.64 3,335 3,348 106,143.40 762,854.48 3,275 3,350 01/11 642,679.41 399,313.97 3,321 3,349 423,505.83 1,159,888.65 3,305 3,348 02/11 955,387.49 434,677.09 3,338 3,348 134,316.47 852,164.32 3,275 3,349 Tot. 4.405,307.07 2,721,688.62 2,535,921.65 4,253,624.33 Read more: Foreign currency market volume over last few weeks
Public Holidays in Suriname
Click here for Public Holidays in Suriname
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