Exchange rate for US dollar rises above SRD 7
Several days ago people could buy each dollar at local exchange offices or cambios for less than SRD 7. But the price of one US dollar rose above SRD 7 on Thursday. One US dollar currently costs SRD 7.10 at the cambios which buy each US dollar for SRD 6.90. Several cambio owners told Times of Suriname that the price of the US dollar suddenly went up and that fewer people sold their American dollars to them. They reported, however, a huge demand for US dollars which is the main reason why the price of the US dollar is going up. The Central Bank of Suriname (CBvS) pays SRD 6.95 for each US dollar and sells each American dollar for SRD 7.07. The Central Bank currently sells each Euro for SRD 7.73 and buys each Euro for SRD 7.59.