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Suriname: CBS prepared to defend exchange rate

The Central Bank of Suriname says it has sufficient foreign exchange to defend the exchange rate should there be pressure on it due to the high demand in the market.
 
Governor Maurice Roemer says the agreement with the International Monetary Fund regarding the measures taken to ensure economic recovery in the CARICOM country includes provisions to defend the exchange rate.
 
He noted that people who need foreign currency can no longer go to the Central Bank but have to go to the cambios, or commercial banks.


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