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LATEST NEWS

08

Apr 2024

Central Bank collaborates with the Ministry of Digital Transformation and Unified Payments Interface

On April 6, 2024, representatives from the Central Bank’s Management Team as well as senior officials from the Ministry of Digital Transformation met with a team from the Centre for Digital Public Infrastructure (CDPI) and a representative of the of the National Payments Corporation of India (NPCI) International Payments Ltd. (NIPL).

28

Mar 2024

Climate Change and the Balance of Payments: Considerations for Trinidad and Tobago (Working Papers, WP 02/2024)

Climate change mitigation and adaptation policies entail significant risks to commodity exporters such as Trinidad and Tobago. In particular, transition risk can negatively affect domestic economic activity and the external accounts. Consequently, this paper seeks to assess the impact of transition risk on Trinidad and Tobago's balance of payments.

28

Mar 2024

Measuring Price Spillovers: An Investigation of Relative Price Changes in Trinidad and Tobago (Working Papers, WP 01/2024)

The recent surge in inflation globally has raised concerns about the future dynamics of inflation. This has urged policymakers to go beyond the aggregate level of inflation to shed light on the factors that can cause its persistence.


TREASURY BILL AUCTION

CURRENT TBILL AUCTION

Issue No Issue Date Maturity Date Auction Closing Date Amount (TT$Mn) Term
1727 22-Apr-2024 21-Oct-2024 18-Apr-2024 100 182 days
1726 17-Apr-2024 17-Jul-2024 15-Apr-2024 75 91 days



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YIELD CURVE

EXCHANGE RATES

12 Apr 2024

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Buying

USD

6.7124

CAN

4.8916

GBP

8.3001

EUR

7.3451
Selling

USD

6.7991

CAN

5.2372

GBP

9.0402

EUR

7.7555

REPO AND MMRR RATES

REPO RATE
Mar 2023
3.50%
Repo Rate
MMRR
DEC 2023
3.00%
MMRR Rate

INTEREST RATES

12 Apr 2024

interest rate tri color banner strip
Discount Rate 5.50
Prime Lending Rate (Median) 7.50
Prime Lending Rate (Average) 7.57
Overnight Interbank Rate 0.50

INFLATION RATES

February 2024

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HEADLINE CORE FOOD
0.8 1 0.1
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