Paramaribo, January 13, 2016
 
 
The Central Bank of Suriname (CBvS) today publishes its first Financial Stability Report (FSR). The report covers developments in 2014 and aims to inform policy makers, market participants, professionals and the general public on the performance and resilience of Suriname’s financial sector and to increase understanding of the various measures that the CBvS has taken to maintain a stable and secure financial sector.The Minister of Finance, Mr. Gillmore Hoefdraad, received the first copy of the report this morning.
 
 
Acting CBvS Governor Ingeborg Geduld-Nijman presents the first Financial Stability Report to Minister of Finance Gillmore Hoefdraad.
 
The FSR, which will be published annually starting from this issue, contains five parts. The first part of the report provides an overview of the domestic financial sector. The second part analyzes the international and domestic operating environment and its impact on the financial sector. The third part details the performance of the financial sector, and since banks constitute over 75 percent of this sector, the emphasis is on the banking industry. Even so, the report also covers the performance of insurance companies, pension funds and credit unions. The fourth part of the report takes account of forward-looking risks through stress tests of the banking sector, which examine the capital levels of individual banks and the banking system as a whole in the face of a number of shock scenarios. Finally, the fifth part of the report contains short articles on current topics in the field of financial stability in Suriname.
The report confirms the stability and strength of Suriname’s financial sector. In addition, the stress tests and the improved risk profile of the commercial banks reveal the resilience of the banking system, which is a result of the ongoing enhancement of the regulatory and supervisory framework of the CBvS.
 
The report is available on the website of the Central Bank: https://www.cbvs.sr/publications-research/financial-stability-report
 

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 9.6
Dec   0.5 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar*)   0.5 5.8

*) Preliminary figures

 

 

Weighted Average RatesMay 23 - 15:00h (Transfers)

Currency Buying Selling
USD 36.657 37.112
EUR 41.135 41.870
GBP 49.423 50.391
XCG 20.141 20.536
AWG 20.365 20.764
BRL 6.401 6.526
TTD 5.391 5.497
BBD 18.070 18.425
XCD 13.577 13.843
GYD PER 100 17.418 17.760
CNY 5.102 5.202

Weighted Average RatesMay 23 - 15:00h (Banknotes)

Currency Buying Selling
USD 37.597 37.962
EUR 41.325 41.709
GBP 50.690 51.694
XCG 20.658 21.067
AWG 20.887 21.301
BRL 6.565 6.695
TTD 5.530 5.639
BBD 18.534 18.901
XCD 13.925 14.201
GYD PER 100 17.865 18.219
CNY 5.233 5.336

Gold CertificatesMay 23

Coupon SRD
5 gram 39.183,95
10 gram 78.367,91
50 gram 391.839,53
100 gram 783.679,06
500 gram 3.918.395,29
1000 gram 7.836.790,59
Gold LBMA USD 3.284,00 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD250521-1W 2025-05-21 5,0
CBTD250514-1W 2025-05-14 6,0
CBTD250507-1W 2025-05-07 6,6
CBTD250430-1W 2025-04-30 7,7

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD250521-1W 2025-05-21 6,0
CBTD250514-1W 2025-05-14 7,2
CBTD250507-1W 2025-05-07 7,9
CBTD250430-1W 2025-04-30 9,2
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 9.6
Dec   0.5 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar*)   0.5 5.8

*) Preliminary figures