The 10.7% growth in private transfers, amounting to $3.63 billion as of September 30, 2024, contributed to the appreciation of the gourde against the US dollar, according to the monetary policy note for the fourth quarter of the 2023-2024 fiscal year. "Private transfers received from abroad grew by 10.7% during the fiscal year, reaching $3.63 billion as of September 30, 2024. The resulting increase in dollar supply, combined with macroprudential and administrative measures adopted by the BRH, supported the gourde's appreciation duri
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