Single central bank an option for Caricom

An economist has said that a single central bank is an option worth exploring within the Caribbean Community (CARICOM).

Lenox Forte, an economist within the Barbados-based CSME Unit and a former director of research with the Bank of Guyana, said that while there were technical reasons why monetary union was "not seen as urgent", they were not compelling enough to abandon the idea totally.

Forte made the comments in an interview with Barbados Business Authority following a presentation on the

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