Latest News
5 September 2024
HOW IMPORTANT IS THE INCREASE IN DEPOSIT INSURANCE COVERAGE FROM $125,000 TO $200,000 TO ME?
Central Bank explains the importance of the increase in deposit insurance coverage from $125,000 to $200,000 to the citizens of Trinidad and Tobago.
2 September 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 August 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.
30 August 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 August 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.
20 August 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.
8 August 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.
8 August 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.
19 July 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 July 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.
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