Aruba’s commercial-bank reserve requirement remains at 12.5% after the Central Bank of Aruba reviewed monetary conditions for September 2026.
Monetary committee holds the rate steady
The bank’s Monetary Policy Committee decided at its August 26 meeting to maintain the mandatory reserve rate for commercial banks at 12.5%, effective September 1, according to 24ora.
The reserve requirement determines the portion of relevant bank liabilities that must be held as reserves. The report did not announce a change from the preceding level.
Foreign-exchange reserves remain adequate
The Central Bank said foreign-exchange reserves were substantially above the standards it monitors as of July 24. It expects those reserves to remain adequate through 2026.
Maintaining sufficient reserves supports Aruba’s fixed exchange rate between the florin and the United States dollar. The bank said it continues to watch monetary and economic indicators and can adjust its policy stance if conditions require.
Inflation and global risks remain under review
Two inflation measures reached 2.4% and 0.5% in June 2026: the year-over-year end-of-month measure and the 12-month average, respectively.
The bank also cited persistent geopolitical tension and broader global economic uncertainty as risks that could affect foreign-exchange reserves and inflation. Those developments could cause actual results to differ from the central bank’s baseline projections.
