Moody's-Suriname Credit Analysis 4DEC2014

Suriname’s rating balances a favorable growth outlook and relatively low government debt and interest burdens against an elevated economic and fiscal vulnerability to commodity price volatility and low institutional capacity. The country’s mineral wealth supports its positive economic prospects, with capital investment of up to $1.0 billion (about 17% of 2014 projected GDP) expected in a new large mining project that will be under development for the next two years.

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Suriname Seeks To Bridge Islamic Bank, South America And Caribbean

Click here for the pdf (June 30, 2014)

Suriname Credit Analysis November 2013

Click here for the pdf (November 25, 2013)

Interim Member Country Partnership Strategy for Suriname (2014 - 2015)

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IMF Executive Board Concludes 2013 Article IV Consultation with Suriname

Click here for the pdf (October 18, 2013)

  1. Suriname: IMF 2013 Article IV Consultation: Preliminary Conclusions
  2. Standard & Poor's revises Suriname's credit rating outlook to positive
  3. Macroeconomic stabilization in Suriname 2010-2012 - El Masy and Mansilla
  4. IMF Executive Board Concludes 2012 Article IV Consultation with Suriname

Exchange RatesMarch 09th and until further notice

Currency Buying Selling
USD 14,018 14,290
EUR 16,628 16,959
GBP 19,396 19,782
ANG 7,699 7,852
AWG 7,784 7,939
BRL 2,438 2,485
TTD 2,063 2,103
BBD 6,907 7,044
XCD 5,190 5,293
PER 100 GYD 6,657 6,790

Gold CertificatesMarch 09th and until further notice

Coupon SRD
5 gram 7.814,97
10 gram 15.629,94
50 gram 78.149,69
100 gram 156.299,39
500 gram 781.496,94
1000 gram 1562993,88
Gold LME: USD 1.701,00 /tr.oz.

Inflation

    Average End-of-period
2022   52.4 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb   3.2 57.9
Mar   3.2 59.6
Apr   5.7 65.4
May   2.4 65.0
Jun   2.3 54.6
Jul   3.0 56.6
Aug   2.0 53.5
Sep   1.5 50.8
Oct   1.0 42.9
Nov   0.6 38.7
Dec   0.1 32.6
       
2024   Month-to-month Year-to-year
Jan   0.9 29.0
Feb   0.4 25.4
Mar   4.4 26.8
Apr   0.7 20.9
May   0.5 18.6
Jun   0.2 16.2
Jul   0.1 13.0
Aug   0.3 11.1
Sep   0.9 10.5
Oct   0.6 10.1
Nov   0.2 9.6
Dec   0.5 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar   0.5 5.7
Apr*   0.7 5.6

*) Preliminary figures

 

 

Weighted Average RatesJune 05 - 15:00h (Transfers)

Currency Buying Selling
USD 36.761 36.788
EUR 42.071 42.293
GBP 49.878 50.855
XCG 20.198 20.594
AWG 20.423 20.823
BRL 6.528 6.656
TTD 5.427 5.534
BBD 18.122 18.477
XCD 13.615 13.882
GYD PER 100 17.468 17.810
CNY 5.120 5.221

Weighted Average RatesJune 05 - 15:00h (Banknotes)

Currency Buying Selling
USD 37.781 38.108
EUR 42.214 42.745
GBP 51.262 52.277
XCG 20.759 21.170
AWG 20.989 21.405
BRL 6.709 6.842
TTD 5.578 5.688
BBD 18.624 18.993
XCD 13.993 14.270
GYD PER 100 17.952 18.308
CNY 5.263 5.367

Gold CertificatesJune 05

Coupon SRD
5 gram 39.795,17
10 gram 79.590,34
50 gram 397.951,69
100 gram 795.903,39
500 gram 3.979.516,93
1000 gram 7.959.033,86
Gold LBMA USD 3.364,60 /tr.oz.

Weighted Average Accepted
OMO Rate

Auction ID Auction Date Rate (%)
CBTD250604-1W 2025-06-04 4,5
CBTD250528-1W 2025-05-28 5,0
CBTD250521-1W 2025-05-21 5,0
CBTD250514-1W 2025-05-14 6,0

Standing Lending Facility Interest Rate

Auction ID Auction Date Rate (%)
CBTD250604-1W 2025-06-04 5,4
CBTD250528-1W 2025-05-28 6,0
CBTD250521-1W 2025-05-21 6,0
CBTD250514-1W 2025-05-14 7,2
Balance sheet

Inflation

    Average End-of-period
2022   52.4 54.6
       
2023   Month-to-month Year-to-year
Jan   3.7 55.6
Feb   3.2 57.9
Mar   3.2 59.6
Apr   5.7 65.4
May   2.4 65.0
Jun   2.3 54.6
Jul   3.0 56.6
Aug   2.0 53.5
Sep   1.5 50.8
Oct   1.0 42.9
Nov   0.6 38.7
Dec   0.1 32.6
       
2024   Month-to-month Year-to-year
Jan   0.9 29.0
Feb   0.4 25.4
Mar   4.4 26.8
Apr   0.7 20.9
May   0.5 18.6
Jun   0.2 16.2
Jul   0.1 13.0
Aug   0.3 11.1
Sep   0.9 10.5
Oct   0.6 10.1
Nov   0.2 9.6
Dec   0.5 10.1
       
2025   Month-to-month Year-to-year
Jan   0.6 9.9
Feb   0.4 9.9
Mar   0.5 5.7
Apr*   0.7 5.6

*) Preliminary figures