Oct 24 (Reuters) - Suriname offered late Monday to exchange $675 million of dollar bonds for new notes, the next step in negotiations after reaching a deal with its bondholders in May. The ...

Rising inflation is being fueled by the collapse in the value of the Suriname dollar, which by 27 March 2023 was worth $0.028 U.S. cents compared to nearly double that amount a year earlier.

Demonstrators also were upset about inflation in the prices of other basic goods and the weakening of the Suriname dollar. Authorities condemned the attack and said those responsible would be ...

particularly as prices soared because of the sharp devaluation of the Suriname Dollar. These developments sparked mass anti-government protests with participants demanding the resignation of ...

Suriname reached an agreement in principle with ... In exchange, they’ll get new dollar bonds and a special security that pays out if oil discoveries off the coast make the government cash ...

The main objective was to stabilize inflation and manage liquidity effectively, especially after the Suriname dollar's sharp depreciation and high inflation. The CBvS faced challenges in managing ...

He added: “Our Suriname dollar currency is stable; my government has stabilized it. Debt to GDP ratio was 150%. The norm is 60%. Now it is 85%. Budget deficit was 18% in 2020; the norm is 3%.

1992 - Peace accord reached with SLA. 2004 - Suriname dollar replaces guilder. Government says move aims to restore confidence in economy. UN sets up tribunal to try to resolve long-running ...

PARAMARIBO, March 24 (Reuters) - Suriname's state-owned energy company ... The issuance included $468.75 million in dollar-denominated bonds and the equivalent of $47 million in euro-denominated ...