85.7 F
Aruba
89.4 F
Bahamas
81.9 F
Barbados
89.1 F
Curazao
90.6 F
Jamaica
84.3 F
Trinidad and Tobago
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Central Bank

Bahamas | Central Bank reports 20 percent expansion in digital wallet usage in 2023

As of December 2023, the number of digital wallets in use totaled 118,955, marking a 20 percent expansion for the year to date, with...

Bahamas | Central Bank projects the Bahamian economy to grow in the low two percent range in 2024

The Central Bank predicts The Bahamas’ economic growth to be in the low two percent range, still moderately above the estimate of the economy’s...

Bahamas | Central Bank Governor affirms positive impact of fixed exchange rate policy on price stability

The Bahamas’ fixed exchange rate policy, pegging the Bahamian dollar one-to-one with the US dollar, has been pivotal in fostering positive outcomes in price...

Bahamas Central Bank relaxes lending rules for residential mortgages

The Central Bank of The Bahamas (CBTB) says it is relaxing the guidelines for domestic banks and credit unions on the minimum equity injection...

Bahamas | Foreign currency outflows see $70 million contraction in November year-over-year

Foreign currency outflows saw a $70 million contraction during November relative to the same period in 2022, according to the Central Bank, with transactions...

Nigerian central bank lifts ban on crypto trading

Nigeria's central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the...

Bahamian economy sustained its growth trajectory at a “moderate pace” in Q3, says Central Bank

The Bahamian economy sustained its growth trajectory in the third quarter, although at a “moderate pace,” supported by healthy gains in the tourism segment...

Central bank test lab develops global bitcoin mapping system

A global central bank test lab has designed a prototype bitcoin monitoring system aimed at giving authorities a clearer picture on how, when and...

Interest in central bank digital currencies picks up in Latin America and the Caribbean while crypto use varies

By Rina Bhattacharya, Dmitry Vasilyev, and Mauricio Villafuerte Latin America and the Caribbean (LAC) are at the forefront of digital money adoption, offering valuable lessons for the...

IMF working on global central bank digital currency platform

The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director...

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