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Central Bank Governor Ministers Engage Energy Sector on Foreign Exchange Market

Governor of the Central Bank, Larry Howai, along with the Minister of Finance, the Honourable Davendranath Tancoo; Minister of Planning, Economic Affairs and Development, the Honourable Kennedy Swaratsingh; and Minister of Energy and Energy Industries, the Honourable Dr. Roodal Moonilal, met today, July 10, with key stakeholders in the energy sector. The meeting, held at the Central Bank’s Conference Facilities, centred on measures to address ongoing foreign exchange (forex) challenges.

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Media Release – Community Connect Town Halls

The Central Bank’s National Financial Literacy Programme (NFLP), in collaboration with the Ministry of Culture and Community Development, presents Community Connect Town Halls—a free, interactive financial literacy experience that brings financial education directly to communities across Trinidad.

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Central Bank Clarification on Gas Utilistation

The Central Bank of Trinidad and Tobago notes the comments in the Cover Story dated July 5, 2026 in the Sunday Business Supplement and confirms that the statements made by the Governor in relation to the reallocation of gas to the downstream companies were informed by specific feedback received from the National Gas Company (NGC) regarding the use of the gas that is no longer being sold to Methanex.

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Central Bank statement on current foreign exchange matters

The Central Bank of Trinidad and Tobago (Bank) refers to media reports regarding the ongoing investigation into a quantity of US Dollar (USD) currency that was earmarked to be shipped out of the country. In light of the ongoing investigations, the Bank needs to exercise care in making any statement at this stage, but recognises that the public has questions about the exporting of US currency. These questions have arisen in the context of domestic demand for foreign exchange outstripping the supply and where legitimate requests for foreign exchange are not always met.

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Call for Papers – Research Review Seminar 2026

The Central Bank of Trinidad and Tobago cordially invites submissions of research papers for presentation at its annual Research Review Seminar on “Operating in a Fractured World: Economic Resilience, Innovation and Sustainability.” This Seminar will take place on September 10, 2026.

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Central Bank Authorizes Convenience Pay Technologies Limited as a Payment Service Provider Registered to Issue Electronic Money in Trinidad and Tobago

On June 3, 2026, the Central Bank of Trinidad and Tobago registered Convenience Pay Technologies Limited (Convenience Pay) as a Payment Service Provider and granted Convenience Pay a provisional registration, authorising it to issue electronic money (e-money) in Trinidad and Tobago for a 6-month period. The company is a subsidiary of United Independent Petroleum Marketing Company Limited (UNIPET).

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Monetary Policy Report May 2026

Since the last Monetary Policy Report, the global economy—still grappling with the implications of tariffs—was further unsettled by the emergence of new tensions. The US Supreme Court’s decision in February 2026 to repeal previously imposed tariffs—and the subsequent proposal of a new 10 per cent tariff propelled uncertainty. In addition, the escalation of geopolitical tensions arising from the US-Israel conflict with Iran in late February 2026, heightened global economic uncertainty.

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