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Measures announced by the President will do nothing to ease the pressure on the Guyana dollar
03 Oct 2025 08:51 GMT
… to 2020 was for the Guyana dollar to appreciate. Today we in … ease the pressures on the Guyana dollar.
This government has been focused … is a huge consumer of forex. Phase 1 of the Gas … big contributor to our foreign currency earnings. However, smuggling is …
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Central Banks around the globe except Guyana are abandoning US$ reserves for gold and silver
10 Oct 2025 06:25 GMT
… , asks “why doesn’t Guyana have a gold reserve with … the value of the dollar, a fiat currency, has decreased by 50% … have likewise decreased, including the Guyana dollar.
Fiat currencies, also known as … its membership. As usual, Guyana is late to the party …
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Any patriotic government should ensure that the Bank of Guyana and Guyanese generally benefit from this largesse
08 Oct 2025 04:23 GMT
… rate was 4 Guyana dollars to 1 US dollar and over … many times.
Recalling that Guyana up until recently was a … Export Countries (OPEC).
Recently, the Guyana dollar moved from 201 to 210 … currency. Any patriotic government should ensure that the Bank of Guyana …
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Guyana deserves a higher level of debate
06 Oct 2025 04:14 GMT
… the pressure on the Guyana dollar.” As a student of … the volume of foreign currency entering the market would … Bank have repeatedly endorsed Guyana’s development drive as … curb illicit activities.
Finally, Guyana remains fully compliant with international …
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Campbell chides Government over “reflexive” plan to address foreign currency issue
03 Oct 2025 22:54 GMT
… bureaucratic and threaten to take Guyana, now a petrostate, back … to reduce confidence in the currency and increase capital flight”, … before 2020 was for the Guyana dollar to appreciate but today, … ease the pressures on the Guyana dollar.
Dr. Campbell said the …
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Strengthen economic fundamentals to foster sustainable US dollar inflows
03 Oct 2025 08:51 GMT
Dear Editor,
I am writing in response to your recent article, “Gov’t tightening up on foreign exchange access.” While efforts to stabilize the economy are understandable, direct intervention in the foreign exchange market carries significant risks and …
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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 …
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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 $1 billion, all in US currency. There would … facilities and using the US dollar for all payments, local, …
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US$ 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 …
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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 …