The governor of the Central Bank of Suriname told a conference on financial stability last week that the country's increased connection to global financial markets brings with it an increased risk of contagion – making the bank's new financial stability department a timely addition.

Governor Gillmore Hoefdraad said having both monetary and macro-prudential policy under the same roof, as they are at the CBS, is "common practice around the world and needs no further discussion", but added that "it