BarbadosFormer Central Bank governor warns Caribbean governments against hoarding foreign currency
Dr. Delisle Worrell, former Central Bank governor, cautioned Caribbean governments that hoarding foreign currency reserves would harm their economies, as value is realized only when spent.
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Former Central Bank governor warns against hoarding foreign currency
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started 6h ago•Last update 6h ago
Worrell is advising Caribbean governments against the practice of hoarding foreign currency, highlighting its negative economic impact.
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