| Buying | Selling | |
|---|---|---|
United States Dollar | 6.6742 | 6.7771 |
Canadian Dollar | 4.9696 | 5.2972 |
Pound Sterling | 9.2624 | 9.7556 |
Euro | 7.8371 | 8.9673 |
Headline | 1.4 |
Core | 0.7 |
Food | 4.1 |
Discount Rate | 5.50 |
Prime Lending Rate (Median) | 7.50 |
Prime Lending Rate (Average) | 7.57 |
Overnight Interbank Rate | 0.50 |
The Central Bank of Trinidad and Tobago monitors domestic and international developments to fulfil its functions related to monetary policy, financial stability, foreign exchange management, and economic intelligence. The data contained in this report support these functions. It covers all the major sectors and presents data at monthly and quarterly frequencies as available.
The recent escalation of tensions in the Middle East has further added to global economic uncertainty. The susceptibility of oil supplies to potential disruption on account of the military action in that area resulted in a spike in crude oil prices. Brent crude oil prices reached a high of US$76 per barrel (bbl), but subsequently fell below US$70/bbl following the announcement of a ceasefire. Financial markets nonetheless remain on edge in a very fluid situation. Higher energy prices and a possible escalation of hostilities pose risks for growth and inflation across the world, although energy exporters could benefit from the terms of trade shock.
The Central Bank of Trinidad and Tobago is pleased to announce the appointment of Larry Howai, Esquire, as Governor, effective June 24, 2025. Mr. Howai has been appointed by Her Excellency, President Christine Kangaloo, for a term of five years.
Access a vast repository of economic data, covering monetary and financial statistics, public finance, trade, payments, capital markets, and real sector statistics.
Established in 1964, the Central Bank of Trinidad and Tobago is a beacon of stability. Our vision is global respect, transparency, and economic growth, upheld by core values.
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