Printer Friendly

Trinidad and Tobago central bank keeps rate steady.

M2 EQUITYBITES-April 2, 2019--Trinidad and Tobago central bank keeps rate steady

(C)2019 M2 COMMUNICATIONS http://www.m2.com

Global Banking News - 02 April 2019

The Trinidad and Tobago central bank has said that it has kept its interest rate steady.

In a statement, the central bank said that the energy sector had boosted the economy while external factors, including issues in Venezuela, Brexit uncertainty and US-China trade complications are causes for concern.

The bank said that the effect of these factors would be felt in the coming quarters. It said that it is keeping its repo rate steady at 5 percent.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2019 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Apr 2, 2019
Words:126
Previous Article:India's Jet defaults on loan to HSBC.
Next Article:CNB hires banker as senior vice president.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters