Bahamas governor says exchange controls here to stay

“Difficult financial reforms” necessary before liberalisation, says Rolle

Central Bank of The Bahamas
Central Bank of The Bahamas
Photo: Mikael Latreille

The governor of the Central Bank of The Bahamas said that the country will not abandon controls on foreign exchange anytime soon. John Rolle told a conference on October 6 that liberalisation was “not on the immediate horizon” and that the country “may never be ready” for it.

Responding to a question at a Bahamas Think Tank conference on the local financial sector held on October 6, Rolle said the controls were part of a “framework to manage the stability of the currency”. “Very important

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.