| Buying | Selling | |
|---|---|---|
United States Dollar | 6.7146 | 6.7747 |
Canadian Dollar | 4.9554 | 5.3886 |
Pound Sterling | 8.9993 | 9.7313 |
Euro | 9.1456 | 8.7745 |
Headline | 0.7 |
Core | 0.8 |
Food | 0.1 |
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 (the Central Bank) warns the public that the following persons are not registered by the Central Bank under the Insurance Act Chap. 84:01 (Insurance Act) to conduct insurance business or business as an insurance agency or brokerage in, or from within, Trinidad and Tobago.
No decision has been made regarding the continued issuance and subsequent demonetisation of the 5-cent coin. This is however, under consideration as a cost saving initiative for the country given the cost to produce the 5 cent coin (about 24 cents each); this is similar to the experience with the 1 cent coin, which, at the time that the Bank stopped issuing it in 2017 was costing 21 cents each to produce.
The Central Bank of Trinidad and Tobago continues to expand access to its public education resources. Through the flagship currency education initiative, Know Your Money, the Bank has launched a Spanish-language video, highlighting the security features of our local bank notes, available on the Bank’s YouTube Channel, Instagram and Facebook page.
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Discover the Bank’s education agenda across several initiatives including the National Financial Literacy Programme (NFLP), Know Your Money (KYM) series and other programmes that promote financial literacy and currency education.
