haiti
Haiti Buys Every Barrel It Burns. Its Central Bank Says an Oil Shock Reaches the Gourde Before It Reaches the Pump.
A Banque de la Republique d'Haiti working paper of 30 March 2026 finds the exchange rate is the dominant channel through which an oil shock reaches Haiti's economy, depreciating the gourde persistently and eroding reserves. Haiti has no production capacity and no domestic refining.
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