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Africa, Caribbean consider developing digital currency to enhance trade
01 Jul 2025 21:56 GMT
… Prime Minister of The Bahamas noted that current global … currencies, such as the Bahamian dollar, are pegged solely to … consider developing a digital currency that African and CARICOM … the continent. “Ultimately, currency unity is essential for transforming …
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Bahamas growth ‘moderates as LPIA departures off 2.3%
01 Jul 2025 19:54 GMT
… confirmed that the Bahamian economy’s growth rate … commercial banks’ net foreign currency transactions with their customers … “Provisional data on foreign currency sales for current account … the growth in total Bahamian dollar credit strengthened to $93 …
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Jenny Johnson, one of Wall Street’s most powerful women: ‘It’s a huge risk to the US if China controls the key minerals’
28 Jun 2025 06:07 GMT
… 1992 merger with Templeton, a Bahamas-based company that specialized in … to the U.S. dollar being a reserve currency, but the question …
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Sberbank's CEO not keen on Russia's digital ruble - 'I don't see its advantages'
03 Jul 2025 00:20 GMT
… s economy.
No digital currency has become dominant within … one hundred countries and currency unions are seriously considering CBDCs … cryptocurrencies.
Countries like the Bahamas and Jamaica already have … reliance on the US dollar.
Russia’s digital ruble …
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Economist defends T&T following Gonsalves’ comments
01 Jul 2025 13:25 GMT
… the use of the TT dollar in regional trade, economist … (are) paying hard foreign currency for visible exports from Trinidad … of Barbados and The Bahamas have successfully executed a … for a third-party currency like the US dollar.
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An Insider’s Take on the Caribbean
30 Jun 2025 14:39 GMT
… period of emancipation in the Bahamas.
Walking up the steps, shadowed … ’re looking for an authentic Bahamian adventure this Christmas, start planning … . Each side has its own currency: The Dutch side uses naf … : You can use U.S. dollars on both sides, making it …
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African and Caribbean countries weigh alternative pathways to development
30 Jun 2025 14:49 GMT
… Minister, Philip Davis of the Bahamas, include using digital or … also move to a voucher currency to facilitate trade.”
For … currencies, ideally “creating an African currency that includes the diaspora,” he … tied to the U.S. dollar, the need for that will …
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Pan-African payments card launched; a Caribbean version is not far behind
30 Jun 2025 12:19 GMT
… in each country’s own currency.
Afreximbank saw the need for … development of CPASS.
Both The Bahamas and Barbados took part in … the central banks of The Bahamas and Barbados, to confirm that … fixed currencies to a US dollar, but also those who are …
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The thrillseekers who pay to be faux-kidnapped on holiday
28 Jun 2025 18:15 GMT
… for a family in the Bahamas, with a retrofitted pirate ship … to earn a unique wooden currency created for their trip. It … American couples, cost a million dollars. Each received a briefcase that …
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Call for unified payment system
28 Jun 2025 15:19 GMT
… Davis, Prime Minister of The Bahamas where last year’s Afreximbank … , reduce the need for US dollars in the transaction process and … . It will cut cost and currency barriers,” he said.
Chief operating …