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LATEST NEWS

20

Nov 2024

Radio Interview - Unified Payments Interface (UPI) Project

On November 15, 2024, Mr. Alister Noel, Senior Manager, Macroeconomics and Payments joined Mr. Wayne Nakhid, National Chief Digital Officer, Ministry of Digital Transformation, for a radio interview on the programme The Digital World on Freedom 106.5 FM to discuss the fast payments project based on India’s Unified Payments Interface (UPI) model that is being launched in Trinidad and Tobago. Listen to the interview here.

14

Nov 2024

Foreign Exchange Authorised Dealers in Trinidad and Tobago

List of Foreign Exchange Dealers in Trinidad and Tobago as at September 31, 2024.

11

Nov 2024

Professor Avinash Persaud discusses How to Break the Climate Finance Deadlock at COP29 with Multilateral Development Banks

In a recent Interview with the Climate Team at the International Peace Institute Global Observatory, Professor Avinash Persaud explores the role of Multilateral Development Banks (MDBs) in climate finance and how, with shareholder support, they can help break the New Collective Quantified Goal's (NCQG's) deadlock and deliver climate finance at scale. On October 4, 2024, Professor Persaud delivered the keynote address at the Central Bank’s 34th Dr. Eric Williams Memorial Lecture on the topic "Addressing Climate Change in the Caribbean will cost a Whole Lot of Money; Who Pays?" .  UN Climate Change Conference Baku (COP29) takes place from November 11 – 22, 2024 .

 


TREASURY BILL AUCTION

CURRENT TBILL AUCTION

Issue No Issue Date Maturity Date Auction Closing Date Amount (TT$Mn) Term
1742 13-Nov-2024 12-Nov-2025 11-Nov-2024 75 364 days
1741 04-Nov-2024 05-May-2025 30-Oct-2024 75 182 days



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YIELD CURVE

EXCHANGE RATES

20 Nov 2024

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Buying

USD

6.7209

CAN

4.8280

GBP

8.7136

EUR

8.2257
Selling

USD

6.7954

CAN

5.3609

GBP

9.3733

EUR

7.8426

REPO AND MMRR RATES

REPO RATE
SEPT 2024
3.50%
Repo Rate
MMRR
JUN 2024
3.25%
MMRR Rate

INTEREST RATES

20 Nov 2024

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Discount Rate 5.50
Prime Lending Rate (Median) 7.50
Prime Lending Rate (Average) 7.57
Overnight Interbank Rate 0.57

INFLATION RATES

September 2024

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HEADLINE CORE FOOD
0.4 0.1 1.3
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