12Jul2017
Understanding the Foreign Exchange Fee (FXF) Deputy Governor (Ag.) of the Central Bank of Barbados, Michelle Doyle-Lowe, recently sat down with the organisation’s Public Affairs Officer to discuss the new two percent (2%) fee and how and when it will be applied. ...
27Jun2017
New Foreign Exchange Fee to take effect from Mid-July The new two (2) percent fee will be applied to purchases of foreign cash and payments for foreign wire transfers and bank drafts from July 17. Credit, debit and travel cards will be subject to the fee from September 1, the Central Bank of Barbados advised....
09May2017
The Central Bank Announces a Tightening of its Monetary Policy Effective June 15, 2017, commercial banks will be required to hold 15% of their domestic deposits in stipulated securities....
09May2017
Press Conference on Barbados' Current Economic Performance Acting Governor, Cleviston Haynes spoke with the media about Barbados' economic performance in the first quarter of 2017....
06Feb2017
Reducing Government's Interest Costs In his monthly economic letter, Governor Worrell explains how reducing interest costs will help to reduce the overall fiscal deficit....
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