-
Create a new currency
22 Sep 2025 06:43 GMT
… comment on one point: The Guyana dollar has no purchasing value. … is the value of the Guyana dollar compared to the USD … a weak economy. The Guyana dollar had been debased after having … Guyana has had a stable currency since 1992. Since 1992 the Guyana dollar …
-
Caricom members should dispense with inconvenience of individual currencies that derive their value from the US dollar
10 Sep 2025 07:39 GMT
… Caricom budget.
● A single currency for all of Caricom, similar … logic applies to the common currency. Rather than continue the … billion and Guyana $1 billion, all in US currency. There would … facilities and using the US dollar for all payments, local, …
-
Another forex wake-up call
22 Aug 2025 02:01 GMT
… 2. Reintroduce prepaid US-dollar cards bought transparently from … hitting arbitrary monthly caps. Guyana uses this approach successfully … piloted DCash, a digital currency enabling cross-border payments. … on scarce physical forex?
5. Reward forex earners—MSMEs …
-
US$ imbalance led to cut in Republic’s forex credit card limit – central bank official
20 Aug 2025 09:04 GMT
(Trinidad Guardian) Republic Bank reduced the US-dollar spending limit on some of its credit cards by 50 per cent last week as a result of increased demand for foreign exchange and the prospect of reduced short-term inflows of foreign exchange, a Central …
-
Arjoon: Exxon return could ease forex crunch
19 Aug 2025 04:41 GMT
… , which significantly lowered our forex earnings, resulting in the … Point Lisas, therefore easing forex shortages through LNG and … between forex demand and supply by adding US-dollar inflows, … already operating nearby in Guyana, Exxon can redeploy these …
-
Arjoon: Tariffs risk export and forex loses but T&T better position than some rivals
04 Aug 2025 19:35 GMT
… facing lower export sales and forex earnings due to the new … share from higher-tariff competitors. Guyana and Venezuela will also face … exchange reserves and the TT dollar’s peg to the US … dollar, while also reducing corporate …
-
Nothing unusual about Bank of Guyana’s US$135M injection into forex market
15 Apr 2025 07:26 GMT
… prospectively applicable to Guyana—and the foreign exchange (forex) intervention in … in the value of the Guyana dollar”, by Jamil Changlee ( … in the value of the Guyanese dollar…”. Similar to the previous … / appreciation of the currency at this time.
It is …
-
A drop in the value of the Guyana dollar
11 Apr 2025 06:10 GMT
… revenues to the Bank of Guyana and increase our gold reserves … weaker buying power of the Guyanese dollar will place pressure on local … underway we must strengthen our currency and prevent further erosion.
Sincerely …
The Cooperative Republicans of Guyana
-
Govt’s limited focus on non-oil sectors influencing hike in U.S. dollar: Opposition says
15 Jun 2025 06:33 GMT
… on the US dollar versus the Guyanese dollar is due to … for in foreign currency is pushing the foreign exchange rate up. For example … what the value of the Guyana dollar is. Now, I want … meeting pending demand for foreign currency, while the temporary timing …
-
Forex challenges drive up AS Bryden’s costs
01 Jun 2025 20:31 GMT
… to increase its United States dollar borrowing, resulting in higher … due to the foreign currency difficulties in the Trinidad … we engaged in expensive hard currency swaps throughout the period. … Scott said.
Scott described Guyana as an incredible country, …