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 
       
2021   Month-to-month Year-to-year
Jan   2.6 63.8
Feb   1.3 61.9
Mar   2.1 50.4
Apr   3.5 44.4
May   4.2 43.6
Jun   10.8 54.0
Jul   5.7 58.9
Aug   11.6 74.4
Sep   1.3 69.5
Oct   1.5 60.6
Nov   3.3 63.4
Dec   1.3 60.7
       
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*   6.6 49.1

*) Preliminary figures

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

 

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

Currency Buying Selling
USD 31.688 31.866
EUR 32.746 33.376
GBP 38.643 39.400
ANG 17.411 17.752
AWG 17.604 17.949
BRL 6.074 6.193
TTD 4.662 4.754
BBD 15.621 15.927
XCD 11.736 11.966
PER 100 GYD 15.057 15.352
CNY 4.546 4.635

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

Currency Buying Selling
USD 30.834 31.284
EUR 31.239 31.583
GBP 37.601 38.346
ANG 16.942 17.277
AWG 17.130 17.469
BRL 5.910 6.027
TTD 4.537 4.627
BBD 15.200 15.501
XCD 11.420 11.646
PER 100 GYD 14.651 14.942
CNY 4.423 4.511

Gold CertificatesDecember 08

Coupon SRD
5 gram 18.258,91
10 gram 36.517,81
50 gram 182.589,05
100 gram 365.178,10
500 gram 1.825.890,50
1000 gram 3.651.781,00
Gold LBMA USD 1.782,20 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD221207-1W 2022-12-07 85,3
CBTD221130-1W 2022-11-30 86,0
CBTD221123-1W 2022-11-23 86,4
CBTD221116-1W 2022-11-16 86,6

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD221207-1W 2022-12-07 102,4
CBTD221130-1W 2022-11-30 103,2
CBTD221123-1W 2022-11-23 103,7
CBTD221116-1W 2022-11-16 103,9
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 
       
2021   Month-to-month Year-to-year
Jan   2.6 63.8
Feb   1.3 61.9
Mar   2.1 50.4
Apr   3.5 44.4
May   4.2 43.6
Jun   10.8 54.0
Jul   5.7 58.9
Aug   11.6 74.4
Sep   1.3 69.5
Oct   1.5 60.6
Nov   3.3 63.4
Dec   1.3 60.7
       
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*   6.6 49.1

*) Preliminary figures

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