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HAITI | Gov't issues warning regarding use of local currency

Featured Minister of Trade and Industry, Pierre Marie Du Mény Minister of Trade and Industry, Pierre Marie Du Mény
PORT AU PRINCE, Haiti, Jun 9, CMC – The Haitian government Friday said it would “the take most stringent legal provisions” as it warned the population to use the local currency in conducting trading activities in the French-speaking Caribbean Community (CARICOM) country.

GourdeMinister of Trade and Industry, Pierre Marie Du Mény, said the authorities have noted the failure to comply with the Notice on posting and the regular currency for trade.

The minister said that the government wanted to remind the public in general and traders in particular that, “the prices of all commodities must be denominated in gourde (One Gourde=US$0.01 cents) throughout the whole territory in accordance with Article 6 of the 1987 Constitution.

“Merchants and service providers will also have to use the Bank of the Republic of Haiti (BRH) benchmark rate for any transaction requiring conversion.”

The Ministry of Trade and Industry said that it will ensure, through its inspectors brigades, “the strict observance of the Notice and will enforce against any offender the most stringent legal provisions on the matter”.

  • Countries: Haiti