Exchange Rate in Trinidad and Tobago

Trinidad & Tobago Exchange Rate | Economic News & Forecasts

Trinidad and Tobago - Exchange Rate

Economic activity was likely sluggish in the second quarter, following what should have been a healthy rebound in the first quarter. LNG and natural gas production declined sharply year-on-year in Q2, weighing on activity, while annual cement sales fell over the same period, indicating softer construction activity and weakness in the non-energy sector. That said, in Q2 private sector credit growth was solid at 3.8%, which should have supported domestic demand, while visitor arrivals also rose year-on-year. Turning to the third quarter, early signs are more positive. In July, annual LNG output rebounded robustly, while total vehicle sales surged, boding well for private spending. Moreover, Carifesta 2019, a 10-day arts festival in August, should have provide a one-time boost to tourism.

Trinidad & Tobago - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)6.41  6.37  6.42  6.71  6.77  

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Trinidad & Tobago Facts

Exchange Rate6.780.39 %Sep 04

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