Eddy Labossiere, a consultant with the Bank of the Republic of Haiti, challenged President Jovenel Moise to decrease the salaries of government officials.
As the United States revealed sanctions Thursday against two former members of the Moïse administration for their alleged role in a massacre, President Jovenel Moïse was marking Human Rights Day on social media.
The Caribbean Resilience Fund (CIF) has financed small businesses in Haiti and will provide local and foreign investors, the U.S. Embassy in Haiti announced Nov. 19.
The Bank of the Republic of Haiti (BRH) said it injected an additional $15 million into the foreign exchange market to stabilize the economy.
Haitian money transfer agents marched through the streets of Port-au-Prince on Wednesday to push back against central bank regulation that requires them to disburse money transfers in gourde.
Overdue currency regulation caused rapid rise of gourde against dollar, Haiti central bank consultant Eddy Labossière says.
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).
Haiti’s central bank announced on Friday that money transfers to the country will be paid in local currency instead of…