Exchange Rate Policy June 2014 Analysis

Currency Forecast - TTD: Sideways Trading Through 2014 - JUNE 2014

Having modestly weakened since the beginning of 2014, the heavily managed Trinidadian dollar will find stability in its current trading range of TTD6.38-6.48/USD in the coming months. Indeed, while a recent shortage of US dollars in the domestic foreign exchange market has put depreciatory pressure on the TTD, improving export performance, and our expectation of interest rate hikes during the...