In keeping with its scheduled foreign exchange intervention programme, the Central Bank sold US$75
million to the financial system on Monday August 04, 2014.
As part of its scheduled foreign exchange intervention programme, Central Bank of Trinidad and Tobago will sell US$75 million to the banking system on Friday 18th July.
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The Central Bank of Trinidad and Tobago sold US$50 million to authorized dealers on June 5th 2014 to support conversions by the energy companies expected to take place in the latter part of the month as these companies meet their quarterly tax obligations.
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The Central Bank is selling US$200 million to authorized dealers in the financial system to ease the current tightness being experienced in the domestic foreign exchange market.
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In anticipation of a seasonal decline of foreign exchange inflows and to alleviate immediate trade-related demand pressures in the economy, the Central Bank of Trinidad and Tobago undertook a sale of US$50 million to Authorized Dealers on May 9th.
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The Central Bank of Trinidad and Tobago will conduct a special sale of US$50 million to facilitate some of the outstanding trade related demand for US currency.
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The Central Bank of Trinidad and Tobago is aware of the difficulty some businessmen and members the public have been experiencing in obtaining foreign currency, in particular US dollars from commercial banks.
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