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Despite a national context marked by a multifaceted crisis—security, economic, and institutional—the Bank of the Republic of Haiti (BRH) manages to stay on course. Through thick and thin, the issuing institution shows macroeconomic stability indicators that reflect resilient and strategic management.
A solid handle on the foreign exchange market.
Over the past few years, the institution has managed to keep exchange rate fluctuations in check, despite ongoing pressure on the gourde. This relative stability of the national currency isn’t by chance: it’s the result of a proactive monetary policy, combining targeted interventions in the forex market, adjustments to key interest rates, and strict control of bank liquidity.
With traditional economic channels struggling, this management has helped prevent a collapse of the national currency.
A remarkable increase in foreign exchange reserves.
The strongest sign of this resilience remains the trajectory of net international reserves.
In just three years, these reserves have seen a spectacular increase, going from around 350 million US dollars in 2023 to over 1.8 billion dollars in June 2026.
This more than fivefold growth in the country’s currency cushion is generally seen by financial partners as a major sign of Haiti’s strengthening financial credibility.It guarantees the economy an increased ability to meet its external commitments, secure imports of essential goods, and cushion any potential external shocks.
The need for overall synergy
However, some analysts urge caution when interpreting these results in the long term.
The stability observed, while remarkable, still partly depends on cyclical factors (such as the drop in overall currency demand linked to the economic slowdown or the volume of diaspora transfers).
At the same time, the Haitian economy continues to face major structural challenges, including persistent inflation and a prolonged climate of uncertainty.
In this context, the action of the BRH, though effective, cannot by itself support the entire economy.The strengthening of these exceptional achievements must definitely be based on sustainable progress led by the state, especially when it comes to restoring security, boosting national production, and ensuring overall consistency in public budgetary and economic policies.
