Trinidad governor implies $500m injection failed to solve US dollar shortfall

Trinidad and Tobago’s Jwala Rambarran calls for diversification in the economy

Jwala Rambarran
Jwala Rambarran, governor of the Central Bank of Trinidad and Tobago

The Central Bank of Trinidad and Tobago, which for months has been embroiled in controversy over efforts to meet foreign exchange demand in the country, says it alone has no long-term solution to the country's US dollar shortfall.

Small business owners in the prosperous Caribbean nation have struggled to secure sufficient US dollars to pay their bills in hard currency since a fall in energy prices hit the supply of greenbacks in the domestic economy. This has resulted in protests from business

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