Haiti, Haitian Times Morning News Roundup

Haiti’s currency value increased by 60 gourdes in one month

Haiti’s currency value increased significantly. Photo by Georges H. Rouzier

One American dollar went from being equivalent to 120 gourdes in August to 60 gourdes when exchanged outside of banks and 67.50 gourdes in the banking system, according to the Republic of Haiti Bank (BRH). 

BRH Consultant Eddy Labossiere said the goal is to have one American dollar equal to 25 gourdes. 

On a related note, the price of some products remains the same or increased. Therefore, the people from overseas who support relatives or friends in Haiti have had to increase the amount of money they spend, according to Le Nouvelliste. Source

Onz Chery

Onz Chery

A City College of New York graduate, Onz Chery covers politics, health, crime and other topics for The Haitian Times. He previously wrote for Elite Sports New York and the Cosmopolitan Soccer League. Chery can be contacted by email at [email protected] or on twitter @onz_11.
Onz Chery
Sep. 29, 2020

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