The Central Bank of Trinidad and Tobago’s (CBTT) current approach to managing foreign exchange (forex), both in terms of how it sets the exchange rate, and how it manages the supply of US dollars in the financial system, has given rise to the development of a black market for foreign currency in T&T, and is affecting the performance of the non-...
How can the country enhance export performance and assist companies in penetrating new markets?
The Caribbean is indeed a unique region. There are both differences and similarities among us as a group. Three of the regional economies – T&T, Guyana and Haiti – are commodity exporters, while the others are largely dependent on tourism and remittances. However, we are all relatively undiversified economies, and are highly vulnerable to...
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