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Bank of the Republic of Haiti

 

Bank of the Republic of Haiti Logo

The Bank of the Republic of Haiti (French: Banque de la République d'Haïti, (BRH) is the central bank of Haiti. According to the Organic Law of the OHR, the Board shall adopt internal regulations of the bank which sets the policy and operation. It has the power to formulate, direct and oversee monetary policy. It authorizes the printing of banknotes and minting coins and determine the volume of emissions in accordance with the law.

 
 

It sets the general conditions and limits on credit operations of the BRH and determines the general conditions and procedures for carrying out foreign exchange transactions. It recommends the quantitative limits to the amount of the loan portfolio and investments by banks. It determines the types and categories of loans and investments that financial institutions can perform.

The fundamental objects of the Bank of Republic of Haiti are to:

 ♦ defend the internal and external value of the currency;
 ♦ ensure efficiency, development and integrity of the payments system;
 ♦ ensure the stability of the financial system; and
 ♦ act as banker, fiscal agent and treasurer of the state.

The Central Bank uses various instruments in implementing monetary policy, which remains the fundamental objective of price stability. Its main channel of monetary management has been more than two years selling to banks instead of vouchers it issues.

Bank of the Republic of Haiti HQ Location Map

Bank of Republic of Haiti
HQ Address: Angle rues Pavée et du Quai
Port-au-Prince, Haïti
Telephone: +509 22 991 202
Facsimile: +509 22 991 145
Website: www.brh.net
Currency: Haitian gourde
Banking Hours:
Mon - Fri  :  8.00am - 4.00pm
Saturday  :  9.00am - 1.00pm
 

 

It also uses direct interventions on the foreign exchange market to buy or sell currencies, according to the short-term objective pursued.
 

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