B’dos Dollar Not On Way To Devaluation

Sharon Austin Top Stories

The Barbados dollar is not “on its way to a devaluation”! This assurance came today from Minister of Finance, Christopher Sinckler, as he addressed the Annual Conference of the Institute of Chartered Accountants of Barbados, at the Lloyd Erskine Sandiford Centre. Acknowledging that a healthy reserves position was the bedrock of maintaining the desired peg against the US dollar, Mr. …

PM: No Devaluation Of Barbados Dollar

Sharon Austin banner, Top Stories

Prime Minister Freundel Stuart speaking at today’s business luncheon of the Barbados Chamber of Commerce and Industry (BCCI) at the Hilton Barbados Resort while Acting BCCI President, Edward Clarke and Vice President of Finance, Betty Brathwaite listen attentively. (C.Pitt/BGIS) There will be no devaluation of the Barbados dollar! This was the strong message from Prime Minister Freundel Stuart today, as he …