(De Ware Tijd) – As of today, one US dollar will be sold for SRD 3.35 at the Central Bank of Suriname (CBvS), the commercial banks and cambios. These institutions will buy a dollar for SRD 3.25. The CBvS announced this in a press communiqué issued late yesterday evening. The rate used to be SRD 2.80. The CBvS hopes that this measure will lead to a unification of the exchange rate. The communiqué states that the decision was made “after intensive consultations with the government”. At a press conference scheduled for later today, the government will announce, among other things, fiscal measures that should lead to more state revenues. The CBvS states that the monetary authorities have been preparing measures for some time now to bring order, calm and stability to the foreign currency market. “The measures aimed at the market are part of a package to improve our country’s macro-economic climate”, the Bank’s communiqué states. Additional fiscal measures that are to take effect today are intended to help keep exchange rates stable. The introduction of additional monetary measures is to contribute to this effort as well. New guidelines for banks and cambios will be issued in the coming days.
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