LATEST NEWS

05-Sep-2024

Multilateral Financial Institutions Discuss Pathways to Achieve T&T’s Monetary and Financial Development Objectives

To mark the opening of the 2024 Research Review Seminar on September 4, 2024, the Research Department of the Central Bank of Trinidad and Tobago hosted a Panel Discussion entitled “Building Trinidad and Tobago’s Economic and Financial Resilience: The Role of Multilateral Financial Institutions.” The panel of senior representatives of regional multilateral financial institutions reflected on how these institutions can best support the Central Bank of Trinidad and Tobago to achieve its monetary and financial stability goals, in the context of Trinidad and Tobago’s broader development objectives.

02-Sep-2024

Central Bank Authorises Massy Remittance Services (Trinidad) Ltd. to Issue Electronic Money in Trinidad and Tobago

On September 2, 2024, the Central Bank of Trinidad and Tobago issued a provisional registration to Massy Remittance Services (Trinidad) Ltd. (MRSTL), authorising MRSTL to issue electronic money (e-money) in Trinidad and Tobago for a six-month period. 

30-Aug-2024

Increase in Deposit Insurance Coverage from $125,000 to $200,000

The Minister of Finance on August 28, 2024 issued two Orders increasing the deposit insurance coverage from $125,000 to $200,000 from October 1, 2024, and the associated premiums on contributing financial institutions.

Click here for the Orders.

30-Aug-2024

Transition from direct to indirect monetary policy instruments

Central Bank explains how it uses monetary policy to keep inflation low, and how and why the Bank has progressively moved from using ‘direct’ to ‘indirect’ instruments of monetary policy. 

29-Aug-2024

LIVESTREAM | Building Trinidad and Tobago's Economic Resilience: The Role of Multilateral Institutions

Join us on Wednesday, September 4, at 10:00 a.m. (Eastern Caribbean Time) for the live stream of the annual Research Review Seminar panel discussion titled 'Building Trinidad and Tobago's Economic Resilience: The Role of Multilateral Institutions'. The discussion will reflect on the current and emerging relations of multilateral financial institutions with Trinidad and Tobago and on how these institutions can best support the Central Bank of Trinidad and Tobago in achieving its monetary and financial stability objectives.

The discussion will be live streamed on the Central Bank's website and via our YouTube channel and Facebook page.

20-Aug-2024

Pan Jazz on the Plaza - The Bank's major CSR Event for 2024

Join us on Sunday, September 22, 2024, 4:00 p.m. - 8:00 p.m. for Pan Jazz on the Plaza, a Wine & Cheese Inclusive, featuring Vaughnette Bigford & Band, Dane Gulston & Sweet Bread the Band, Kay Alleyne-Meloney & EFX the Band, Stacey Sobers and Massy Trinidad All Stars. A major CSR initiative of the Central Bank of Trinidad and Tobago. Proceeds go to charity.

08-Aug-2024

Stay One Step Ahead of Cybercriminals

The Central Bank of Trinidad and Tobago urges all citizens to be vigilant against cybercrimes such as phishing, identity theft, internet fraud and banking fraud. Learn how to protect yourself and your loved ones.

08-Aug-2024

Explaining Net Errors & Omissions

In the first of its new Public Education Series, the Central Bank explains the concept of net errors and omissions in Trinidad and Tobago’s balance of payments.

19-Jul-2024

Monetary Policy Announcement - July 2024

The Monetary Policy Committee of the Central Bank of Trinidad and Tobago (MPC) held a special meeting on July 19, 2024. The MPC examined the recent decline in excess reserves of commercial banks—the deposits held by banks at the Central Bank in excess of the required reserve ratio of 14 per cent of prescribed liabilities. The daily average of excess reserves measured $2,766 million from July 1 to July 18, 2024 compared to $3,914 million in June 2024.

12-Jul-2024

Visual Summary - Monetary Policy Report May 2024

The Visual Summary presents highlights, inclusive of a visual representation of the key points of the Monetary Policy Report for May 2024.