A Caribbean unit of account

Author(s): Worrell, DeLisle (1991)

Created 22 Jul, 1991
Categories Working Papers
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This paper presents a proposal for a Caribbean Unit of Account (CUA) to facilitate trading in regional currencies by financial institutions, thereby ensuring convertibility of all regional currencies (including the Trinidad & Tobago dollar). The CUA will be seen as the denominator for a new Caricom Travellers Cheque.

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