A significant devaluation of the Trinidad and Tobago dollar (TTD) to a 10:1 exchange rate against the United States dollar (USD) would be a transformative economic event, altering life for virtually every citizen. Such policy decision for TTD devaluation, often suggested by some economists as a means of addressing deep-rooted economic challenges, has profound implications. … Continue reading The impact of TTD devaluation with a 10:1 exchange rate