For decades, Trinidad and Tobago has managed its exchange rate through a fixed regime, keeping the Trinidad and Tobago dollar (TTD) pegged at around 6.78 to the US dollar. While this system offered stability, it also encouraged distortions in the market, leading to persistent foreign exchange shortages, import bottlenecks, and an economy that increasingly relies … Continue reading Floating the Trinidad and Tobago dollar: Can currency reform fix the economy?